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X5151860
$1,200,000

20-22 Union St (Bridge Street & Union Street)

Price: $1,200,000

Status: For Sale 

MLS®#: X5151860

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$1,200,000
  • Tax: $6,087 (2021)
  • Community:Picton
  • City:Prince Edward County
  • Type:Residential
  • Style:Multiplex (2-Storey)
  • Beds:8+2
  • Bath:6
  • Size:5000+ Sq Ft
  • Basement:Unfinished
  • Age:100+ Years Old

Features:

  • InteriorFireplace
  • ExteriorVinyl Siding
  • HeatingBaseboard, Electric
  • Sewer/Water SystemsPublic, Sewers, Municipal
  • Lot FeaturesArts Centre, Hospital, Library, Marina, Park, Place Of Worship

Listing Contracted With: RE/MAX ABOUTOWNE REALTY CORP., BROKERAGE

Description

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.


Highlights

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.

Want to learn more about 20-22 Union St (Bridge Street & Union Street)?

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Matilda Nestoroska

Real Estate Broker

RE/MAX Aboutowne Realty Corp.

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