8 Beds 4 Bath

642 West Street, Prescott, ON K0E 1X0

Prescott K0E 1X0 Ontario

MLS: X12403529

$1,149,900

Added 2 hours ago | For Sale

Listed by: EXP REALTY

About Property

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.

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 50 X 118
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Dibble
  • Basement:None , None
  • Possession Date:TBD
  • Annual Property taxes: $4875.79
  • Bedrooms:8
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Water
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12403529

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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