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642 West Street

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  • 8 Bedroom
  • 4 Bathroom
  • 1,100 - 1,500 ft2
  • Bungalow
  • Wall Unit

$1,100,000

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. (id:50982)

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Details

Property Details
MLS® Number X12403529
Property Type Multi-family
Community Name 808 - Prescott
Parking Space Total 6
Building
Bathroom Total 4
Bedrooms Above Ground 8
Bedrooms Total 8
Age 0 To 5 Years
Amenities Separate Electricity Meters
Appliances Dishwasher, Dryer, Hood Fan, Water Heater, Microwave, Stove, Washer, Refrigerator
Architectural Style Bungalow
Basement Type None
Cooling Type Wall Unit
Exterior Finish Vinyl Siding, Brick Veneer
Foundation Type Concrete
Heating Fuel Natural Gas
Stories Total 1
Size Interior 1,100 - 1,500 Ft2
Type Fourplex
Utility Water Municipal Water
Parking
No Garage
Land
Acreage No
Sewer Sanitary Sewer
Size Depth 118 Ft
Size Frontage 50 Ft
Size Irregular 50 X 118 Ft
Size Total Text 50 X 118 Ft
Zoning Description Residential - R3

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