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Prescott,ON K0E 1X0
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 808 - Prescott
MLS Listing ID X12403529
Style Bungalow
Bedrooms 8
Annual Tax Amount $4,875
Tax Year 2025
Property Sub-Type Fourplex
Property 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.
Location
Province ON
County Leeds And Grenville
Community 808 - Prescott
Area Leeds And Grenville
Zoning Residential - R3
Rooms
Basement None
Kitchen 4
Interior
Interior Features Accessory Apartment,ERV/HRV,Separate Hydro Meter
Cooling Wall Unit(s)
Inclusions 4 Fridges, 4 Stoves, 4 Microwave Hood Fan, 4 Dishwashers, 4 Stackable Washer & Dryers, 4 Hot Water Tanks.
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 6
Building
Building Age 0-5
Foundation Concrete