47 King St
Prince Edward County | Picton | K0K 2T0- 9
- 7
- 0
Ask: $1,395,000 $1,299,000
-
Days on market
132
-
Status
Pc
Home details
- MLS #:
X9042579
- Property type:
- Multiplex
- Style:
- 3-Storey
- Taxes:
- $6,204
- Possession:
- TBD
- Lot Front:
- 61.89 Feet
- Lot Depth:
- 164.35 Feet
- Basement:
- Unfinished |
- Driveway Pkg:
- 5
- Heat:
- Gas | Forced Air
Description
47 King St, , Prince Edward County, Ontario is a Multiplex property in Prince Edward County and in the Picton community in the K0K 2T0 postal code
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..
History
Sign in for full accessList Date | End Date | List Price | End Price | Status | MLS # |
1993-03 | 2024-02 | $167,900 | $160,000 | Sld | X7637760 |
1998-11 | 2024-02 | $82,900 | $82,900 | Exp | X7935230 |
2007-02 | 2023-09 | $175,000 | $175,000 | Ter | X6982157 |
2010-10 | 2024-02 | $128,500 | $128,500 | Exp | X7866492 |
2011-03 | 2023-09 | $179,000 | $179,000 | Ter | X6869346 |
2015-02 | 2023-10 | $259,900 | $259,900 | Ter | X7072731 |
2015-07 | 2023-10 | $259,900 | $316,560 | Sld | X7111132 |
2016-01 | 2023-10 | $1,850 | $1,850 | Lsd | X7111704 |
2019-07 | 2024-02 | $299,900 | $264,900 | Sld | X7764010 |
2022-04 | 2022-05 | $599,000 | $825,000 | Sld | X5592856 |
2024-07 | 2024-11 | $1,395,000 | $1,299,000 | Pc | X9042579 |
2024-10 | 2024-10 | $799,900 | $799,000 | Sld | X9387519 |
2023-07 | $325,000 | $325,000 | X6531061 | ||
2023-07 | $347,500 | $347,500 | X6530928 | ||
2023-07 | $325,000 | $325,000 | X6531024 | ||
2023-07 | $345,000 | $325,000 | X6530974 | ||
2023-07 | $500,000 | $500,000 | X6477661 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity All Property Types
Sale activity
Prince Edward County :
Estimated running costs for 47 King St
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $4404 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $517 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
-
Beach
-
Golf
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Hospital
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Library
-
Rec Centre
-
School
Payment calculator
-
Principal and Interest
4404 /mo
-
Property Taxes
$517 /mo
-
Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.