For Sale

$1,149,900

642 WEST STREET , Prescott, Ontario K0E1X0

8 Beds 4 Baths

Remarks

Attention Investors! Purpose-built in 2024, this fully leased fourplex in central Prescott delivers turnkey income, low maintenance, and the ease of self-management. Each modern 2-bed/1-bath suite features open-concept living, durable vinyl flooring, stainless steel appliances (incl. dishwasher), in-unit laundry, and efficient hot-water boiler heating (heat included; tenants pay hydro, water & sewer). Annual rent: $93,480; NOI: $81,617.32; cap rate at asking: ~7%. Gravel parking for 6. Steps to downtown amenities and minutes to Hwy 401 and the St. Lawrence stable tenants, strong returns, and a great location. (id:7526)

Property Summary

  • Neighbourhood: 808 - Prescott
  • Lot Frontage: 50.0 Feet
  • Lot Depth: 118.0 Feet
  • Lot Size: 50 x 118 FT
  • No. of Parking Spaces: 6
  • Bedrooms: 8
  • Bathrooms (Total): 4
  • Zoning: Residential - R3

Property Features:

  • Parking Type:
    No Garage
  • Property Type:
    Multi-family
  • Sewer:
    Sanitary sewer

Building Features:

  • Amenities:
    Separate Hydro Meters
  • Appliances:
    Dishwasher , Dryer , Hood Fan , [] , Microwave , Stove , Washer , Refrigerator
  • Architectural Style:
    Bungalow
  • Building Type:
    Fourplex
  • Cooling Type:
    Wall unit
  • Exterior Finish:
    Vinyl siding , []
  • Foundation Type:
    Concrete
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Hot water radiator heat

Listing courtesy of: 

EXP REALTY

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