$1,200,000

20-22 Union St

MLS®#:X5151860

  • 8-2
  • 6
  • Area:5000+ SqFt
$1,200,000
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.
Community Picton
City Prince Edward County
Postal Code K0K2T0
MLS® Number X5151860
Days On Market
Status U
Purchase Type For Sale
Listing Type Multiplex
Cross Street Bridge Street & Union Street

Interior

Beds 8-2
Baths 6
Square Feet 5000+ SqFt
Air Conditioning None
Basement Unfinished
Fireplace Yes
Heating Baseboard

Exterior

Parking Spaces 11
Garage Type None
Driveway Private
Lot Size 159.09 x 135.00
Lot Front 159.09
Style 2-storey

Additional Information

Taxes $6,087
Tax Year 2021
Zoning R3-17
Water Source Municipal
Special Designation Unknown
Septic/Sewer Sewers
Appox Age 100+
Fronting On W
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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