110 Park Street W, Prescott, Ontario K0E 1T0

Listed for:
$674,900
11 beds
6 baths
Listed 11 days ago
Other for rent: 110 Park Street W, Prescott, Ontario K0E 1T0

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About

Cross Streets: park Street & Edward Street. ** Directions: From 401 Edward Street exit, head south on Edward to Park Street West. Located on the corner of Park & Edward. 3 units on Park and # units on Edward... L-shaped. 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:27476)

Property Highlights

MLS® Number
X12907812
Type
Multi-family
Community Name
808 - Prescott
Land Size
58 x 150 FT ; L-shaped - 3 units on Park & 3 on Edward
Parking Space Total
10

Building

Building Type
Other
Storeys
1.50
Square Footage
5000 - 100000 sqft
Bathrooms Total
6
Bedrooms Above Ground
11
Bedrooms Total
11
Amenities
Golf Nearby, Marina, Place of Worship
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Baseboard heaters, Forced air, Not known
Heating Fuel
Electric, Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Kitchen
Main level
2.73 m x 3.48 m
Living room
Main level
4.11 m x 3.38 m
Dining room
Main level
3.63 m x 3.08 m
Living room
Main level
3.98 m x 4.71 m
Kitchen
Main level
3.58 m x 5.32 m
Living room
Main level
3 m x 5.07 m
Bathroom
Main level
1.27 m x 1.68 m
Kitchen
Main level
4.99 m x 1.82 m
Bedroom
Upper Level
4.11 m x 3.34 m
Bedroom
Upper Level
3.93 m x 3.34 m
Bathroom
Upper Level
2.86 m x 1.78 m
Bedroom
Upper Level
4.2 m x 3.3 m
Bathroom
Upper Level
2.74 m x 2.73 m
Bedroom
Upper Level
3.09 m x 4.79 m
Bathroom
Upper Level
2.35 m x 4.79 m

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE PROALLIANCE REALTY
MLS® number:
X12907812
Agent:
Debra Lynn Currier
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