47 King Street Prince Edward County (Picton Ward), ON K0K 2T0
Listing Courtesy of:  CREA / Century 21 Lanthorn Real Estate Ltd. Brokerage / Elyse Gallagher

  47 King Street Prince Edward County (Picton Ward), ON K0K 2T0

Active (155 Days)
$852,397 (USD)
9
BED
7
BATH
See Similar Listings

Description

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 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 are available upon request. A solid addition to any investment portfolio in a fast-growing area. (id:41440)

MLS®:
X12193077
Taxes
$6,204
Type
Multifamily
County
Prince Edward County

Listed By

Elyse Gallagher, Century 21 Lanthorn Real Estate Ltd. Brokerage
Source
CREA
Last checked Nov 4 2025 at 5:50 PM EST
Bathroom Details
  • Full Bathrooms: 7
Interior Features
  • Water Heater
Lot Information
  • Carpet Free
Property Features
  • Foundation: Block
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Natural Gas
  • None
Basement Information
  • Unfinished
  • N/a
Exterior Features
  • Vinyl Siding
Utility Information
  • Sewer: Sanitary Sewer
Parking
  • Total: 6
  • Garage
  • Detached Garage
Stories
  • 3

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 08, 2025
Price Changed
$1,199,000
-2%
-25,999
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 11/4/25 09:50

CENTURY 21 Lanthorn Real Estate Ltd. Brokerage

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CENTURY 21 Lanthorn Real Estate Ltd. Brokerage

308 Dundas Street East, Unit 2, Belleville, ON K8N1E6

(613) 967-2100

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