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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 674,900

Est. payment | -/mo

11 Beds

6 Baths

5,000 SqFt

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$ 674,900

Est. payment | -/mo

Save Virtual Tour

11 Beds

6 Baths

5,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 - 100000

Square Footage 5,000 sqft

Price per Sqft $134

Subdivision 808 - Prescott

MLS® Listing ID X12907812

Bedrooms 11

Property Description

Turn-key 6-plex opportunity on the corner of Park & Edward Streets-built for investors who recognize value and upside. Much of the capital work has already been completed, allowing you to step in and generate immediate income with future growth potential.Six units in total: three on Park Street (110, 108, 112) and three on Edward Street (605, 613, 619), with convenient rear access to the Edward units. Strong unit mix includes two 1-bedroom, three 2-bedroom, and one 3-bedroom unit. Four units feature 1.5 baths, with two offering full 4-piece bathrooms.The 600-series units are equipped with newer individual natural gas furnaces, while the Park Street units are heated via electric baseboard. Majority of appliances are owned (see LBO for details). Rent roll available upon request.Large on-site parking lot-a rare asset-offering one assigned space per unit plus additional visitor parking, supporting tenant satisfaction and long-term retention.Well-established tenant base in place with several long-term occupants wishing to stay, ensuring stable, predictable income from day one. With only a couple of units below current market rent, there is clear opportunity to increase revenue and improve overall returns.Strategically located between Highways 401 and 416 and close to all amenities, the St. Lawrence River, Kelly's Beach, and more.Strong cash flow, proven stability, and upside potential-this is the kind of multi-unit asset that doesn't sit long. Note: a Non-Disclosure Agreement must be signed prior to receiving any financial information. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Main level 2.73 m X 3.48 m Kitchen

Extra Room 2 Main level 4.11 m X 3.38 m Living room

Extra Room 3 Main level 3.63 m X 3.08 m Dining room

Extra Room 4 Main level 3.98 m X 4.71 m Living room

Extra Room 5 Main level 3.58 m X 5.32 m Kitchen

Extra Room 6 Main level 3 m X 5.07 m Living room

Interior

Heating Baseboard heaters, Forced air, Not known, Not known

Cooling None

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Total Parking Spaces 10

Private Pool No

Building

Lot Description Landscaped

Story 1.5

Sewer Sanitary sewer

Others

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Listed by ROYAL LEPAGE PROALLIANCE REALTY

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110 PARK STREET W Prescott, ON K0E1T0