47 King Street, Prince Edward County | Image 1

47 King Street

Prince Edward County, Picton

  • 9 bed 7 bath 5000 sqft
$1,299,000 est.*: $4,401/mo
For Sale

Added 3 months ago

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  • Type: Multiplex

  • Style: 3-Storey

  • Size: 5000 sqft

  • Lot Size: 61.89 x 164.35 Feet

  • Age: 100+ years

  • Taxes: $6,204 per year

  • Days on Site: 82 Days

  • Added: Jul 17, 2024 (3 months ago)

  • Updated:

  • Last Checked: 6 hours ago

  • MLS®#: X9042579

  • Listed By: Chestnut park real estate limited

TURNKEY INVESTMENT OPPORTUNITY. Attention investors, this rare Seven-unit MULTIPLEX is ready for you right in the heart of Picton. This property is currently fully tenanted with great tenants and fair market rent. One unit will be available for new tenants. 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, parks, grocery and so much more. Financials and unit photos available upon request. Come see why investing in Prince Edward County is a great opportunity!

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 3-Storey

  • Size (sq ft): 5000

  • Age: 100+

  • Area: Prince Edward County

  • Community: Picton

  • Availability Date: TBD

Inside

  • Bedrooms: 9

  • Bathrooms: 7

  • Kitchens: 7

  • Rooms: 37

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: Yes

  • Washrooms: 7

Building

  • Basement: Unfinished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Spaces: 1

  • Garage Type: Detached

  • Covered Parking Spaces: 5

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 372 PL 24 PICTON; PRINCE EDWARD

  • Taxes: $6,204

Highlights

  • Feature: Beach

  • Feature: Golf

  • Feature: Hospital

  • Feature: Library

  • Feature: Rec Centre

  • Feature: School

Land

  • Cross Street: King St between Bowe

  • Municipality District: Prince Edward County

  • Fronting On: North

  • Parcel Number: 550620040

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 164.35 Feet

  • Lot Frontage: 61.89 Feet

  • Zoning: R3

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Walker's Paradise

  • Daily errands do not require a car.
92 /100

Bikeable

  • Some errands can be accomplished on bike.
63 /100
Join or Sign in • See photos & sold data
 ResidentialProperty 343 Main Street East
Sold Apr 30, 2018
$X,XXX,XXX
  • — bath
  • — bed
  • — sqft

343 Main Street East, Prince Edward County, Ontario • K0K 2T0

Map of 47 King Street, Prince Edward County
7-8

Prince Edward Collegiate Institute Elementary School

Elementary: Public
0.49 km
JK-8

Athol-South Marysburgh School Public School

Elementary: Public
8.22 km
JK-8

Sophiasburgh Central Public School

Elementary: Public
12.40 km
JK-8

C M L Snider Elementary School

Elementary: Public
17.33 km
JK-8

Queen Elizabeth Public School

Elementary: Public
0.27 km
JK-8

St Gregory Catholic School

Elementary: Catholic
0.94 km
Pre-Grade 9-12

Sir James Whitney/Sagonaska Secondary School

Secondary: Provincial
26.20 km
9-12

Sir James Whitney School for the Deaf

Secondary: Provincial
26.20 km
9-12

Nicholson Catholic College

Secondary: Catholic
26.09 km
9-12

Quinte Secondary School

Secondary: Public
27.21 km
9-12

Prince Edward Collegiate Institute

Secondary: Public
0.49 km
9-12

Moira Secondary School

Secondary: Public
25.02 km