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47 KING STREET
Prince Edward County (Picton Ward) Ontario K0K2T0 Canada

$1,199,000

Active Listing ID X12515902
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9 bed
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7.00 Bath
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Multi-family

$1,199,000

Active Listing ID X12515902
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47 KING STREET 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Vinyl siding
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 11/6/2025 3:01:08 PM GMT
Source Updated Date: 1/13/2026 8:15:53 PM GMT

Courtesy of: Elyse Gallagher, Salesperson, CENTURY 21 LANTHORN REAL ESTATE LTD.