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- LoopNet Team
5 Spring St
Picton, ON K0K 2T0
3 Spring St Apartment · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- Residential Rental Multi Family with an Elevator. Located a short distance from grocery stores, shopping, the Prince Edward County Memorial Hospital.
PROPERTY FACTS
| No. Units | 24 | Building Size | 24,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2019 |
| Building Class | B | Parking Ratio | 1.33/1,000 SF |
| Lot Size | 1.37 AC | ||
| Zoning | SUR - Residential Urban Residential Type 3 (R3-52) | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.37 AC |
| Building Size | 24,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2019 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | SUR - Residential Urban Residential Type 3 (R3-52) |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Refrigerator
- Oven
SITE AMENITIES
- Laundry Facilities
- Bicycle Storage
- Elevator
ABOUT 5 SPRING ST , PICTON, ON K0K 2T0
• Investment property with 24 fully occupied apartment units in the beautiful community of Picton, Ontario, Prince Edward County. • Comprised of 1 x one bedroom, 11 x two bedrooms, and 12 x three bedrooms apartment units. • Efficient building. Elevator. ERV's and Hot Water Tanks in each unit, 24 hydro meters, 30 parking spots plus 2 disabled parking spots. 40-year fiberglass shingles. • Fridge, stove & dishwashers in every apartment unit included. • Laundry facilities equipped with Income generating machines on each floor. • 100% tenanted! • Great management team in place! • Located a short distance from grocery stores, shopping, the Prince Edward County Memorial Hospital & the famous Sandbanks Provincial Park. • Tenants pay their own in-unit hydro costs. OWN THIS BRAND NEW ASSET TODAY!!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 12 | - | - |
| 2+1 | 11 | - | - |
| 1+1 | 1 | - | - |
