232 Park Street W, Prescott, Ontario K0E 1T0

Listed for:
$699,000
10 beds
7 baths
Listed 5 days ago
Other for rent: 232 Park Street W, Prescott, Ontario K0E 1T0

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About

Cross Streets: EDWARD STREET & PARK STREET. ** Directions: From 401 Exit (Edward Street) head south to Park Street West. Turn right. Just past Centre Street you will find the subject property on the right hand side, with signage. ATTENTION INVESTORS & OWNER-OCCUPIERS! Here is an opportunity to have your investment work for you! Live in one unit while the income from the remaining five helps offset your mortgage, OR add this well-maintained 6-unit property to your rental portfolio. Units 1 & 2 are located in the original portion of the property, dating to approximately 1880 (MPAC), while the attached 4-unit addition was constructed in 1990. The result is a unique blend of character, functionality and income potential. Unit 1 is a charming one-bedroom unit featuring a welcoming front porch and access to a shared rear deck with Unit 2. Unit 2 offers an impressive two-storey layout with three bedrooms, convenient upstairs laundry and a spacious primary bedroom complete with its own ensuite. The main floor features an open-concept kitchen and dining area flowing into a comfortable living room with beautiful hardwood flooring. Units 1 & 2 are heated by natural gas and feature central air. Live in Unit 2 and let the other units help pay the mortgage OR restore Units 1 & 2 to one large home. The 1990 addition provides four additional units: Unit 3 - 1 bedroom; Unit 4 - 2 bedrooms; Unit 5 - 1 bedroom; and Unit 6 - 2 bedrooms. Units 3-6 are heated with electric baseboard heating. All units are in very good condition, with excellent tenants.The property also offers shared laundry facilities and stair lift for accessibility, adding valuable convenience for tenants. Outside, you'll find a double-car garage, paved driveway and ample parking for residents.Whether you're an experienced investor looking to expand your portfolio or an owner-occupier looking for a way to offset your housing costs, this 6-plex offers versatility and income-producing potential in one package.Six units. Multiple configurations. Different heating options. And the opportunity to live in one while the others contribute to your bottom line.See REALTOR remarks for additional information and current rental details. (id:27476)

Property Highlights

MLS® Number
X13831418
Type
Multi-family
Community Name
808 - Prescott
Land Size
83 x 193 FT
Parking Space Total
8

Building

Building Type
Other
Storeys
2.00
Square Footage
5000 - 100000 sqft
Bathrooms Total
7
Bedrooms Above Ground
10
Bedrooms Total
10
Amenities
Beach, Golf Nearby, Marina, Park
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Unfinished), N/A
Basement Features
Walk-up
Building Heating Type
Baseboard heaters, Forced air
Heating Fuel
Electric, Natural gas
Building Cooling Type
Central air conditioning, Window air conditioner

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE PROALLIANCE REALTY
MLS® number:
X13831418
Agent:
Debra Lynn Currier
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