Fourplex For Sale
$1,100,000
MLS® Number: X12403529
Bedrooms
8
Bathrooms
4
Fourplex For Sale
$1,100,000
Bedrooms
8
Bathrooms
4
642 WEST STREET, Prescott, Ontario
About This Property
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.
Property Details
Interior Details
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Water Heater
Basement
None
Bathrooms Total
4
Bedrooms Total
8
Cooling
Wall unit
Building & Exterior
Architectural Style
Bungalow
Building Features
Separate Electricity Meters
Exterior Features
Vinyl siding, Brick Veneer
Foundation Details
Concrete
Parking Features
No Garage
Stories
1.0
Land & Location
City Region
808 - Prescott
Frontage Length
50.0 feet
Lot Size Dimensions
50 x 118 FT
Postal Code
K0E1X0
Listing & Financials
Listing Office
EXP REALTY
Originating System Name
Ottawa Real Estate Board
Other Specifications
Country
Canada
Parking Total
6
Listed By
EXP REALTY
Mortgage Calculator
Estimated Monthly Payment
$5,404
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$5,404
Principal and interest only. Actual rates may vary.
