110 PARK STREET W — Prescott, Ontario

Located on the corner of Park & Edward Streets, this well-maintained 6-plex presents an excellent opportunity for the savvy investor. Much of the heavy lifting has already been completed, allowing the next owner to step in and capitalize on a solid, income-generating asset.The property features three units fronting Park Street (110, 108, and 112) and three units on Edward Street (605, 613, and 619). The unit mix includes two 1-bedroom units, three 2-bedroom units, and one 3-bedroom unit. Four units offer 1.5 bathrooms, while the remaining two units feature full 4-piece baths.The Edward Street (600 series) units are each equipped with their own newer natural gas furnaces, while the Park Street units are heated via electric baseboard. Most appliances are owned by the Seller, with a small number of exceptions (see Listing Brokerage Office for details). A detailed rent roll is available upon request through the Listing Brokerage Office.The building is home to several long-term, reliable tenants who would be happy to stay, providing immediate stability for the new owner. With only a couple of units below current market rent, there is clear potential for future income growth.Ideally located between Highways 401 and 416, and close to all amenities, the St. Lawrence River, Kelly's Beach, and more-this is a prime addition to any investment portfolio. A non-disclosure agreement(NDA) must be signed before financials will be shared. (id:63357)