1398 Old Milford Road

Prince Edward County, ONMulti-family
$1,550,000
MLS® X13741278
Multi-family9 beds6 baths22 total
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About This Property

A rare investment opportunity awaits on 47 acres in beautiful Prince Edward County, just 15 minutes from the heart of Picton. This unique property features five fully self-contained residential units, four of which have been recently updated with new appliances and modern finishes. Extensive upgrades have been made throughout, including updated heating and cooling systems for each unit and the garage, underground hydro service from the road, a newly installed generator, and a brand new well ensuring ample water supply to all units. The garage is outfitted with laundry hookups, a washroom, and a spacious back room that would make an ideal office, studio, or workshop. Outside, enjoy a well-maintained above-ground communal pool with a surrounding wooden deck and secure fencingperfect for relaxation or entertaining. Whether you're looking to house staff for a local business, live in one unit while generating income from the others, or take advantage of a profitable investment opportunity, this property checks every box. With limited quality multi-unit offerings available in the County, this is your chance to secure a turnkey income property with room to grow. (id:63604)

Key Facts

Type
Multi-family
Beds
9
Baths
6
Size
3,500 sqft
Lot
234.8 x 2652.9 FT
Parking
22 total
Property Details 17 details
Bedrooms
9 bedrooms
9 above grade
Bathrooms
6 bathrooms
Parking
22 parking spaces
Detached Garage · Garage
Living area
3,500 - 5,000 sq. ft.
Property
Multi-family · Bungalow
Property subtype
Multi-family
Structure type
Other
Architectural style
Bungalow
Storeys
1
Heating
Other
Cooling
Wall unit
Fireplace
No
Pool
Above ground pool
Lot dimensions
234.8 x 2652.9 FT
Frontage
234.90 feet
Taxes
$5,649.87
Zoning
RU, EP
Sewer
Septic System
Views
View

Exterior features

BrickPoured Concrete

Systems and association

Electricity

Lot and water

Irregular lot sizeGuest Suite
Mortgage & Affordability Estimate monthly costs
Purchase price$1,550,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
South Marysburg Ward
City
Prince Edward County
Postal code
K0K 2T0
Nearby
Cross Streets: Old Milford Rd between Scotts Mills Rd & Jacksons Falls Rd. ** Directions: County Rd 10 to County Rd 17 to Old Milford Road.