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Key Details
Sold Price $990,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Picton
MLS Listing ID X8191620
Sold Date 08/02/24
Style 2-Storey
Bedrooms 8
Annual Tax Amount $4,161
Tax Year 2023
Property Sub-Type Fourplex
Property Description
This well-maintained FOURPLEX in Picton, Prince Edward County, is a wonderful income opportunity. This turnkey business is a wonderful addition to an investment property portfolio. All units are 2 bedroom, 1 bath, with the main floor bathroom either converted to a laundry room, or maintained as a main-level powder room. Each unit has its own separate entrance stoop, and rear deck (newly constructed during current ownership), as well as access to the rear yard and parking area. The units are all individually metered for water, and hydro, and tenants pay their own utilities. This property has minimal maintenance, with brick exterior and a metal roof, and also is a part of Picton's rich History. This fourplex is just blocks from downtown - but on a quiet cul-de-sac - so tenants or owner-occupant have the benefit of walkability, while being steps to tranquil Delhi park, established trees and the dog park.
Location
Province ON
County Prince Edward County
Community Picton
Area Prince Edward County
Zoning R3
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features Separate Hydro Meter, Water Heater, Water Meter
Cooling None
Exterior
Parking Features Private Double
Pool None
Roof Type Metal
Lot Frontage 100.0
Lot Depth 85.0
Total Parking Spaces 6
Building
Lot Description Irregular Lot
Foundation Stone
New Construction false
Others
Senior Community No
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