$1,149,900

642 West Street, Prescott, Ontario, K0E1X0

Details

  • Listing ID: X12403529
  • Price: $1,149,900
  • Address: 642 West Street, Prescott, Ontario K0E1X0
  • Bedrooms: 8
  • Full Bathrooms: 4
  • Stories: 1
  • Property Type: Multi-family
  • Heating: Natural Gas, Hot Water Radiator Heat

Description

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:22130)

 
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