642 West St W - Apartments FOR SALE


Prescott, ON K0E 1T0
$1,149,900 CAD
866-310-4976
642 West St W, Prescott, ON for Sale
$1,149,900 CAD
Apartments - FOR SALE
1/18
null | 7.1% Cap Rate

642 West St W
Prescott, ON K0E 1T0


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,149,900 CAD

PRICE/SF

$197 CAD /SF

# OF UNITS

4

PRICE/UNIT

$287,475

CAP RATE

7.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,389 SF

ZONING

R3

APN/PARCEL ID

070802002512000

ASK ABOUT THIS PROPERTY

Edmundo RoaeXp RealtyMore Info
866-310-4976

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Edmundo RoaeXp RealtyMore Info
866-310-4976

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.