110 Park Street W Prescott, Ontario K0E 1T0

11 Bedroom 6 Bathroom 5,000 - 100,000 ft2
None Baseboard Heaters, Forced Air, Not Known Landscaped

$674,900

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:15069)

Property Details

MLS® Number X12907812
Property Type Multi-family
Community Name 808 - Prescott
Amenities Near By Golf Nearby, Marina, Place Of Worship
Community Features Community Centre
Equipment Type None
Features Carpet Free
Parking Space Total 10
Rental Equipment Type None
Structure Shed

Building

Bathroom Total 6
Bedrooms Above Ground 11
Bedrooms Total 11
Age 100+ Years
Appliances Dryer, Stove, Washer, Refrigerator
Basement Type None
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Stone, Concrete
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air, Not Known
Stories Total 2
Size Interior 5,000 - 100,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Golf Nearby, Marina, Place Of Worship
Landscape Features Landscaped
Sewer Sanitary Sewer
Size Depth 150 Ft
Size Frontage 58 Ft
Size Irregular 58 X 150 Ft ; L-shaped - 3 Units On Park & 3 On Edward
Size Total Text 58 X 150 Ft ; L-shaped - 3 Units On Park & 3 On Edward
Surface Water River/stream
Zoning Description Residential With 6 Self Contained Units

Rooms

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

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29501414/110-park-street-w-prescott-808-prescott

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