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494 King Street W Prescott, Ontario K0E 1T0

4 Bedroom 4 Bathroom
Forced Air

$599,000

Prime Investment Opportunity - Detached Home with 4 Self-Contained Rental Units! This updated detached home is a fantastic investment offering 4 self-contained rental units, including a vacant 2 bedroom unit perfect for an owner-occupier or to add another income stream! Each unit is currently tenanted, with all tenants paying market rent, ensuring steady cash flow from day one. The property has been recently updated, making it move-in ready for new tenants or to live in one of the units while collecting rent from the others. Located in a prime area, this property is close to amenities, transportation, and local hotspots, ensuring high demand and low vacancy rates. With solid rental history and excellent income potential, this is a turnkey opportunity for savvy investors looking to expand their portfolio. As an added bonus a new Furnace was installed in 2024! Don't miss out on this incredible opportunity (id:6673)

Property Details

MLS® Number X11946450
Property Type Single Family
Community Name 808 - Prescott
Features Lane, Guest Suite
ParkingSpaceTotal 4

Building

BathroomTotal 4
BedroomsAboveGround 4
BedroomsTotal 4
BasementDevelopment Unfinished
BasementType N/a (unfinished)
ConstructionStyleAttachment Detached
ExteriorFinish Aluminum Siding, Stucco
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type House
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 187 Ft ,11 In
SizeFrontage 48 Ft ,4 In
SizeIrregular 48.37 X 187.92 Ft
SizeTotalText 48.37 X 187.92 Ft
ZoningDescription R4

https://www.realtor.ca/real-estate/27856600/494-king-street-w-prescott-808-prescott

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Deb Driscoll
Salesperson


Real Broker Ontario Ltd.
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7

Jaime Peca
Salesperson


Real Broker Ontario Ltd.
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7