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10610

MLS® X13067390

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage None
Taxes $7,608
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13067390

Property Address: 29 Downes Ave, Picton, ON, K0K2T0

Average square foot calculated using Size range provided by listing agent.

Description

Well maintained 6-plex at the edge of downtown Picton, consisting of 4 two bedroom and 2 one bedroom units, being delivered entirely vacant upon closing. Each unit has been finished and maintained similarly to the unit shown in the photo reel and all units are separately metered. A large parking lot out front will provide ample parking for your future tenants. The owners fenced in the yard and created a relaxing retreat for the tenants with a gazebo and some patio furniture; perfect spot for other outdoor amenities of your choice. All tenants have access to coin laundry on the lower level where the 2 two bedroom units are also situated. Last years expenses are available and they are attractive. Taxes are an estimate based on the MPAC assessment of the property multiplied by the County of Prince Edward multiplex tax rate. This building is estimated to have a cap rate of 8% - 9% depending on your rents and how expenses are paid. Starting fresh with a property delivered vacant provides an opportunity to create the level of amenity that will garner great returns.Show Description
MLS® NumberX13067390
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementWalk-Out, Finished with Walk-Out
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
29 Downes Ave, Picton, ON

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