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For sale
  • C$1,199,000

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

    9beds
    7baths
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Hardwood floorsUpdated interiorsSurface parking spacesMature gardensWrought iron details
    BEING SOLD AS A POWER OF SALE: Projected cap rate ABOVE 6%. Rare opportunity to own a tenanted, well-maintained 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 surface parking spaces. The building is clean and 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.Financials available upon request. A solid addition to any investment portfolio in a fast-growing area.
    78 days
    on Zillow
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    8
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    0
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    Zillow last checked: 7 hours ago

    Listing updated: July 19, 2025 at 05:34pm

    Listed by:

    CENTURY 21 LANTHORN REAL ESTATE LTD.

    Source: TRREB,MLS®#: X12193077MLS LogoOriginating MLS®#: Central Lakes Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 7
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Appliances
    • Included: Water Heater Owned
    Features
    • Flooring: Carpet Free
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Living area range: 3500-5000 null

    Property

    Parking
    • Total spaces: 6
    • Parking features: Private
    • Has garage: Yes
    Features
    • Stories: 3
    • Exterior features: Year Round Living
    • Pool features: None
    Lot
    • Size: 10,171.62 Square Feet
    • Features: Beach, Golf, Hospital, Library, Rec./Commun.Centre, School, Rectangular Lot
    Details
    • Parcel number: 550620040

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Block, Stone
    • Roof: Asphalt Shingle

    Utilities & green energy

    • Sewer: Sewer

    Community & HOA

    Location
    • Region: Prince Edward County

    Financial & listing details

    • Annual tax amount: C$6,204
    • Date on market: 6/3/2025
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