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Home ON Prescott
494 KING STREET W
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494 KING STREET W $500,000
$500,000
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494 KING STREET W
Prescott, Ontario K0E1T0

MLS® Number: X11946450
4
Bedrooms
4
Bathrooms
-
Square Feet

Listing Description

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 (39803050)

Location Description

St Lawrence St & King St W

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Community Name
808 - Prescott
Title
Freehold
Land Size
48.37 x 187.92 FT
Annual Property Taxes
$3,343.25
Total Parking Spaces
4
Time on REALTOR.ca
58 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
4
Interior Features
Basement Type
N/A (Unfinished)
Building Features
Features
Lane, Guest Suite
Foundation Type
Concrete
Style
Detached
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Stucco
Parking
Total Parking Spaces
4

Land

Lot Features
Frontage
48 ft ,4 in
Land Depth
187 ft ,11 in
Other Property Information
Zoning Description
R4
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
613-489-2996
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