Attention Investors Prime location in Picton! 6 unit residential building in central location. 2 X one bedroom and 4 X two bedroom unit all with own ensuite laundry (except one). Conveniently located walking distance to many amenities. Tenants pay their own heat/hydro and Landlord pays water/sewer. Gross Annual Rent $62,515. Annual taxes $6,087. One 1 bedroom unit vacant (live in yourself or rent). Historically was the Hotel Picton. Possibility of boutique Bed and Breakfast model. A creative investor can find a way to generate additional income.
MLS# | 40080995 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 37 |
SQ Feet | 5,873 |
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Units | 6 |
Building(s) | 1 |
Area Information | |
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Province | ON |
County | Prince Edward |
City | Picton |
Postal Code | K0K 2T0 |
Area | Prince Edward |
Listing VS Median (in K0K 2T0) | |
Price: $1,200,000 low | high Med: $1,200,000 SqFt: 5,873 low | high Med: 5,873 $ / SqFt: $204 low | high Med: $204 On Site: 37 low | high Med: 37 Sourced by Back At You |