171 KING STREET W , Prescott

Bed / $4,799,900 / MLS® Listing #:1225653

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Attention Investors! 3-storey, 16 unit building being built by a QUALITY BUILDER with a successful portfolio. Immediate cash flow. Conveniently located in the growing town of Prescott just 45minutes south of Ottawa. Efficient hot water boiler system. ERV's (energy recovery) in each unit, 17 hydro meters (tenants pay in-unit hydro costs), ELEVATOR, 18 parking spots incl disabled, 40-year fiberglass shingles. 4 x 3 bedrooms, 10 x 2 bedrooms 2 x 1 bedrooms. Indoor parking. Great management team in place. Income generating Laundry facilities with coinamatic card operated machines. Located a short distance to schools, grocery stores, shopping, golf, the marina on the St. Lawrence River & medical offices. Great community for retirees with a slower pace to life! Would even be great as an owner occupied rental property! Expenses and income are estimated based on similar completed buildings. To be built, currently under construction, will be 100% tenanted on closing! CIP program eligible. (id:10452)

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Property Details

Property Type Multi-family
Square Feet
Maintenance N/A
Days On Our Website 238
Basement
Kitchens
Lot Dimensions 102.99 ft X 132 ft
Pool N/A
Area Prescott
Air Conditioning N/A
Heating Natural gas - Hot water radiator heat
Exterior Stone, Brick, Siding
Parking Spaces 18
Sewers Municipal sewage system
Water Municipal water

Listing Office: EXP REALTY



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