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Laura Stevens

laura.stevens@engelvoelkers.com +1(705) 765-1474

$ 1,149,900

Est. payment -/mo

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Active

642 West ST Prescott, ON K0E 1X0

8 Beds

4 Baths

UPDATED:

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

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

Zoning Residential - R3

Rooms

Basement None

Kitchen 4

Interior

Interior Features Accessory Apartment, ERV/HRV, Separate Hydro Meter

Cooling Wall Unit(s)

Inclusions 4 Fridges, 4 Stoves, 4 Microwave Hood Fan, 4 Dishwashers, 4 Stackable Washer & Dryers, 4 Hot Water Tanks.

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 6

Building

Building Age 0-5

Foundation Concrete

Lited by EXP REALTY

Laura Stevens

Broker | License ID: 4787845

+1(705) 765-1474

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