27
See all 27 photos
$1,149,900
Est. payment /mo
8 Beds
4 Baths
New
642 West ST Prescott, ON K0E 1X0
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 808 - Prescott
MLS Listing ID X12403529
Style Bungalow
Bedrooms 8
Building Age 0-5
Annual Tax Amount $4,875
Tax Year 2025
Property Sub-Type Fourplex
Property Description
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.
Location
Province ON
County Leeds And Grenville
Community 808 - Prescott
Area Leeds And Grenville
Rooms
Family Room No
Basement None
Kitchen 4
Interior
Interior Features Accessory Apartment, ERV/HRV, Separate Hydro Meter
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Front Yard Parking
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 118.0
Total Parking Spaces 6
Building
Foundation Concrete
Listed by EXP REALTY