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$ 725,000
Est. payment /mo
Price Dropped by $25K
58-60 Picton Main ST Prince Edward County, ON K0K 2T0
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Picton Ward
MLS Listing ID X12840998
Style 2-Storey
Bedrooms 5
Annual Tax Amount $2,436
Tax Year 2025
Property Sub-Type Duplex
Property Description
Located in the heart of picturesque Picton, this fully tenanted duplex presents an exceptional turnkey investment opportunity in one of Picton's most desirable communities. Thoughtfully configured with two self-contained units, this charming property offers both immediate income potential and long-term growth in a thriving market. The main unit features three bedrooms and two bathrooms, thoughtfully designed for comfortable living. Tastefully decorated, it includes a spacious eat-in kitchen, a generous living room, convenient in-unit laundry, and a private outdoor living space - perfect for relaxing or entertaining. With a separate entrance and dedicated parking, this unit offers privacy and functionality that today's tenants appreciate. The second unit is an equally inviting two-bedroom, two-bathroom apartment, also with its own separate entrance. It boasts a bright, spacious eat-in kitchen, a comfortable living area, and second-level laundry for added convenience. Ideal for professionals, small families, or down-sizers, this unit offers a cozy yet practical layout just steps from all amenities. Both units enjoy: Separate entrances for enhanced privacy, Dedicated parking, Close proximity to downtown, grocery stores, restaurants, and essential services. Tenants are responsible for hydro and shared water costs (as applicable), supporting strong net returns. The detached garage boasts a separate rental space opportunity for additional income, featuring secure storage space and a small office area. Situated just a short stroll from downtown Picton's shops, dining, and waterfront attractions, this property combines small-town charm with consistent rental demand in sought-after Prince Edward County. Whether you're expanding your portfolio or entering the investment market, this well-maintained, income-generating duplex offers stability, location appeal, and true turnkey convenience in a high-demand area.
Location
Province ON
County Prince Edward County
Area Prince Edward County
Zoning CG-1
Rooms
Family Room Yes
Basement Partial Basement, Crawl Space
Kitchen 2
Interior
Interior Features Water Meter, Separate Heating Controls
Cooling Central Air
Exterior
Exterior Feature Deck, Porch, Year Round Living
Parking Features Mutual
Pool None
Roof Type Asphalt Shingle
Lot Frontage 60.0
Total Parking Spaces 2
Building
Building Age 100+
Foundation Stone
Others
Senior Community Yes
ParcelsYN No
Listed by KELLER WILLIAMS ENERGY REAL ESTATE