• 171 KING STREET W

171 KING STREET W

Prescott, Ontario K0E1T0

$4,799,900

ID# 1225653
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:42873)
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Courtesy of EXP REALTY

Listed on: March 01, 2021

On market: 156 days

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Bathroom Total 0
Half Bathrooms Total 0
Year Built 2021
Heating Type Hot water radiator heat
Heating Fuel Natural gas
Stories Total 3

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