Listed by Century 21 Lanthorn Real Estate Ltd..

47 King Street is a Multiplex, 3-Storey and is currently for Sale @ $1,025,000. Taxes in 2025 were $6,204.45.

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BEING SOLD AS A POWER OF SALE: Projected cap rate ABOVE 6%. The 3-Storey on 47 King Street has 9 bedrooms, 7 bathrooms, and is located on a 164.35 x 61.89 ft lot in the community of Picton Ward . Rare opportunity to own a tenanted, seven-unit multiplex in Prince Edward County. Located at 47 King Street, this 5,000+ sq ft property features three 2-bedroom units and four 1-bedroom units, all with hardwood floors and updated interiors. Bonus income potential with a rentable detached garage and five private surface parking spaces. The building is secure, with dual front and rear access to all units. Tenants are stable and rents are at fair market rates. Set on a charming lot with mature gardens and wrought iron details, this property is just a short walk to downtown Picton's shops, restaurants, trails, and amenities. Projected financials are available upon request. A solid addition to any investment portfolio in a fast-growing area.

The address 47 King Street was listed for sale (MLS# X12767110) on Friday, February 06, 2026.