Attention Investors! Purpose-built in 2024, this fully leased fourplex in central Prescott delivers turnkey income, low maintenance, and the ease of self-management. Each modern 2-bed/1-bath suite features open-concept living, durable vinyl flooring, stainless steel appliances (incl. dishwasher), in-unit laundry, and efficient hot-water boiler heating (heat included; tenants pay hydro, water & sewer). Annual rent: $93,480; NOI: $81,617.32; cap rate at asking: ~7%. Gravel parking for 6. Steps to downtown amenities and minutes to Hwy 401 and the St. Lawrence stable tenants, strong returns, and a great location. (id:2493)
Property Type:
Multi-family
Property Attached:
Yes
Living Area (Min):
1,100 sq. ft.102 m2
Living Area (Max):
1,500 sq. ft.139 m2
Zoning:
Residential - R3
Taxes:
$4,875.79 /
2025
Community:
808 - Prescott
Features:
Separate Electricity Meters
Exterior Features:
Vinyl siding, Brick Veneer
Structure Type:
Fourplex
Appliances Included:
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Water Heater
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