For Sale: 47 King Street, Prince Edward County, ON - REW
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$1,025,000
9 bd • 7 ba • 3500 - 4999 sf • Multifamily
47 King Street
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$1,025,000
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47 King StreetPrince Edward County, ON, K0K 2T0

  • 9 Bed
  • 7 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

BEING SOLD AS A POWER OF SALE: Projected cap rate ABOVE 6%. Rare opportunity to own a tenanted, seven-unit multiplex in Prince Edward County. Located at 47 King Street, this 5,000+ sq ft property features three 2-bedroom units and four 1-bedroom units, all with hardwood floors and updated interiors. Bonus income potential with a rentable detached garage and five private surface parking spaces. The building is secure, with dual front and rear access to all units. Tenants are stable and rents are at fair market rates. Set on a charming lot with mature gardens and wrought iron details, this property is just a short walk to downtown Picton's shops, restaurants, trails, and amenities. Projected financials are available upon request. A solid addition to any investment portfolio in a fast-growing area. (id:63626)
Listed by: Elyse Gallagher, Salesperson, Century 21 Lanthorn Real Estate Ltd.

Home facts and features

Price details
List Price
$1,025,000
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Gross Taxes for 2026
$6,204
Home facts
Bedrooms
9
Full Bathrooms
7
Parking Spaces
6
Parking Details
Garage, Detached Garage
Property Type
Multifamily
Depth
164.4 feet
Frontage
61.1 feet
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Basement Details
Unfinished,
Features
Carpet Free
Appliances
Water Heater
Agent details
Primary Agent
Elyse Gallagher
Primary Broker
Century 21 Lanthorn Real Estate Ltd.
Secondary Agent
William Rorabeck
Secondary Broker
Century 21 Lanthorn Real Estate Ltd.
Listing details
Days on REW
11 Days
Property Views
61
MLS® Number
X13207660
Source
Canadian Real Estate Association
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Property Insights

Queen Elizabeth Public School
  • Public
  • JK - 8
Prince Edward Collegiate Institute
  • Public
  • 9 - 12
St Gregory Catholic School
  • Catholic
  • JK - 8
Sophiasburgh Central Public School
  • Public
  • JK - 8
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Call Agent
Salesperson
Elyse Gallagher
Phone:
(613) 813-9420
Cell:
613-813-9420
Office:
613-967-2100
Broker of Record
William Rorabeck
Phone:
(613) 848-0823
Cell:
613-848-0823
Office:
613-392-2511
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