4 Beds 4 Bath

494 King Street, Prescott, ON K0E 1T0

Prescott K0E 1T0 Ontario

MLS: X11946450

$500,000

Added 14 days ago | For Sale

Listed by: REAL BROKER ONTARIO LTD.

About Property

Prime Investment Opportunity - Detached Home with 4 Self-Contained Rental Units! This updated detached home is a fantastic investment offering 4 self-contained rental units, including a vacant 2 bedroom unit perfect for an owner-occupier or to add another income stream! Each unit is currently tenanted, with all tenants paying market rent, ensuring steady cash flow from day one. The property has been recently updated, making it move-in ready for new tenants or to live in one of the units while collecting rent from the others. Located in a prime area, this property is close to amenities, transportation, and local hotspots, ensuring high demand and low vacancy rates. With solid rental history and excellent income potential, this is a turnkey opportunity for savvy investors looking to expand their portfolio. As an added bonus a new Furnace was installed in 2024! Don't miss out on this incredible opportunity

Features

  • House Style:Detached
  • Bathrooms:4
  • Land Size: 48.37 X 187.92
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:St Lawrence St & King St W
  • Basement:Unfinished , Unfinished
  • Possession Date:TBD
  • Annual Property taxes: $3343.25
  • Bedrooms:4
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X11946450

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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