MASSIVE INCOME MAKER! This triplex at list price is cash flow positive! But not only that we have business plan ideas in place for how you can effectively increase what is already a profitable rental. Two of Three units are renovated. The designer flair is seen throughout with unique pastels and finishes. Hardwood Beams and Pillars add historic "Hard Loft" character and atmosphere. Open Concept Units. Private, Porch or rooftop balcony for each unit. Renovations between 2019 and 2024.The backyard has a running creek through it making this incredibly tranquil yard, not only that but a oversized detached garage and massive green space with dedicated seating area to relax all summer long.. 5 Minutes to Downtown Picton, 5 Minute walk to the marina, Local Wineries draw in lots of Spring, Summer and Fall action. Reach out to Listing agent for details.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
2-Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
123'3"37.6 m
Lot Frontage:
67'6"20.6 m
Direction Faces:
North
Bedrooms:
5
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
5
Kitchens Above Grade:
3
Rooms Above Grade:
17
Rooms Below Grade:
2
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Unknown
Roof:
Flat, Shingles
Basement:
Crawl Space, Full, Unfinished, Separate Entrance
Fireplace/Stove:
No
Alternative Power:
None
Garage:
Detached
Garage Spaces:
0.0
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Included In, Not Subject to HST
Taxes:
$2,607.92 /
2025
Assessment:
$- /
-
Prince Edward County
Prince Edward County
Picton Ward
Accessory Apartment, Brick & Beam, Separate Hydro Meter, Sump Pump, Guest Accommodations, In-Law Capability, In-Law Suite
Patio, Year Round Living, Seasonal Living, Recreational Area, Deck
Unknown
Hot water tanks
Furnishings in Unit 2, Unit 1 and 3 appliances such as fridge and stove. Basement Laundry Machines. Laundry machines in unit 1 are tenant owned. Some items in the garage are not included. All other items inside the property to remain.
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