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11610

MLS® X12907812

Overview

Key Facts

Type Other
Levels Residential Income
Size -
Garage Yes
Maintenance Fees 
Taxes $4,566
Days Active 0
Approx. Age 
MLS® Number X12907812

Property Address: 110 Park Street W, Prescott, ON, K0E1T0

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

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:58753)Show Description
MLS® NumberX12907812
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Bathroom 2:2.73 × 2.74 ft
Dining Room:Main Floor3.08 × 3.63 ft
Bathroom 4:4.79 × 2.35 ft
Kitchen:Main Floor1.82 × 4.99 ft
Bedroom 1:4.79 × 3.09 ft
Bathroom 3:Main Floor1.68 × 1.27 ft
Bathroom 1:1.78 × 2.86 ft
Living Room:Main Floor5.07 × 3 ft

Price History

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

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