header

$1,299,000
Available - For Sale
Listing ID: X9042579
TURNKEY INVESTMENT OPPORTUNITY. Attention investors, this rare Seven-unit MULTIPLEX is ready for you to add to your portfolio. This property is essentially self-sufficient, with great tenants and fair market rent. 47 King St is a charming property with lovely gardens and wrought iron details. This 3 story, 5000+ square foot building holds three spacious 2-bedroom units and four 1-bedroom units, with rentable detached garage and surface parking for 5 cars. All units have hardwood floors, and have seen updates. The property can be accessed from the front and the back to all apartments, hallways are clean and tidy and carpets have recently been replaced. Lots of upside potential to increase rents as tenants turn over. This property is walkable to downtown Picton's main street with tons of shopping, restaurants, trails, grocery and so much more. Financials and unit photos available upon request. Come see why investing in Prince Edward County is a great opportunity!
Extras:   Financials/Interior Photos available upon request. One unit currently vacant, with another coming available November 30, 2024. Great opportunity to renovate/increase rent.
Price $1,299,000
Taxes: $6,204.45
Address: 47 King St , Prince Edward County, K0K 2T0, Ontario
Lot Size: 61.89 x 164.35 (Feet)
Directions/Cross Streets: King St between Bowery and Elizabeth
Rooms: 37
Bedrooms: 9
Washrooms: 7
Kitchens: 7
Family Room: N
Basement: Unfinished
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  4 Main
Washroom 3:  4 2nd
Washroom 4:  3 3rd
Property Type: Multiplex
Style: 3-Storey
Exterior: Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 5
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 5000+
Property Features: Beach
Golf
Hospital
Library
Rec Centre
School
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:

From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CHESTNUT PARK REAL ESTATE LIMITED

47 King St , Prince Edward County, K0K 2T0, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Multiplex
Area: Prince Edward County
Municipality: Prince Edward County
Neighbourhood: Picton
Style: 3-Storey
Lot Size: 61.89 x 164.35(Feet)
Approximate Age: 100+
Tax: $6,204.45
Maintenance Fee: $0
Beds: 9
Baths: 7
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
View Larger Map
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Room & Interior
Exterior
Utilities
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.
Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

FEATURED PROPERTIES