20-22 Union St
Picton, Prince Edward County, K0K 2T0
FOR SALE
$1,200,000
Sold
$1,100,000
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8 + 2
BEDROOMS6
BATHROOMS6
KITCHENS33
ROOMSX5151860
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-03-15 | 2021-06-10 | 87 | $1,200,000 | $1,100,000 | Sold |
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Property Description
Attention Investors Prime Location In Picton! 6 Unit Residential Building In Central Location. 2 X One Bedroom And 4 X Two Bedroom Unit All With Own Ensuite Laundry (Except One). Conveniently Located Walking Distance To Many Amenities. Tenants Pay Their Own Heat/Hydro And Landlord Pays Water/Sewer. Gross Annual Rent $62,515. Annual Taxes $6,087. One 1 Bedroom Unit Vacant (Live In Yourself Or Rent). Historically Was The Hotel Picton.
Extras
Possibility Of Boutique Bed And Breakfast Model. A Creative Investor Can Find A Way To Generate Additional Income. Water Expense 2020 - $6,600; Insurance Expense 2020 - $2,278 Owner Does Not Pay Any Hydro Or Heating Costs.
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Property Details
Street
Community
Property Type
Multiplex, 2-Storey
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