Address
171 KING STREET W Prescott, ON
Price
$ 4,799,900
Property Attributes
  • ID#1225653
  • TypeMulti-Family
  • CityPrescott
  • NeighbourhoodPrescott
  • Postal CodeK0E 1T0
  • Style
  • Price$ 4,799,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Edmundo Roa with Exp Realty
Data Source:
RLP - CREA EN
Property Description

Attention Investors! 3-storey, 16 unit building being built by a QUALITY BUILDER with a successful portfolio. Immediate cash flow. Conveniently located in the growing town of Prescott just 45minutes south of Ottawa. Efficient hot water boiler system. ERV's (energy recovery) in each unit, 17 hydro meters (tenants pay in-unit hydro costs), ELEVATOR, 18 parking spots incl disabled, 40-year fiberglass shingles. 4 x 3 bedrooms, 10 x 2 bedrooms 2 x 1 bedrooms. Indoor parking. Great management team in place. Income generating Laundry facilities with coinamatic card operated machines. Located a short distance to schools, grocery stores, shopping, golf, the marina on the St. Lawrence River & medical offices. Great community for retirees with a slower pace to life! Would even be great as an owner occupied rental property! Expenses and income are estimated based on similar completed buildings. To be built, currently under construction, will be 100% tenanted on closing! CIP program eligible. (id:27)

General Features

Parking Spaces 18

Exterior Features

Lot Frontage 103.0
Lot Size 102.99 ft X 132 ft
Jumpid 14334461
Mls 1225653

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K0E 1T0

Price
AVG $2.42M
$4.8M
Visits
AVG 248
784
Year Built
AVG 1953
2021
Walkscore
AVG 29
31
Data Provided by Walkscore ® not using MLS data

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