Ideal for savvy investors seeking a high-yield, low-touch opportunity in Prescott, this duplex at 122 Dibble St E delivers a current 7% CAP rate- well above local multi-unit averages. Both units are fully leased: Unit A (2 bdrm) at $1,537.50/month, Unit B; rear unit (1 bdrm) at $1,076.25/month, with utilities included in the rent (Rents increasing Oct 1 to Unit A; $1575.94 and Unit B; $1103.16). Recent electrical and plumbing upgrades minimize maintenance risk and raise asset appeal. Strategic flexibility: easily re-convertible to a single-family home by re-opening two passageways (one per floor) offering options for owner occupancy or conversion upside. Positioned in the heart of Prescott, just steps from RiverWalk Park, Heritage River Trail, and the nationally significant Fort Wellington, the location supports both lifestyle and lodging appeal. Prescotts strong community infrastructure, economic development plans, and recreational trails enhance investor confidence.This is a turnkey investment featuring solid income, minimal capital requirements near-term, and conversion optionality for future value optimization. Minimum 24 hours notice for showings and minimum 24 hour irrevocable on all offers. No interior photos as per the request of tenant privacy. |
Price | $299,900 |
Taxes: | $2732.72 |
Occupancy: | Tenant |
Address: | 122 Dibble Stre East , Prescott, K0E 1T0, Leeds and Grenvi |
Directions/Cross Streets: | South from 401 on Edward St. East on Dibble St. |
Rooms: | 10 |
Bedrooms: | 3 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Crawl Space |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Foyer | 8.23 | 5.08 | |
Room 2 | Main | Living Ro | 10.66 | 13.09 | |
Room 3 | Main | Kitchen | 16.14 | 16.89 | |
Room 4 | Second | Bedroom | 12.96 | 12.6 | |
Room 5 | Second | Bedroom | 16.86 | 17.81 | |
Room 6 | Main | Living Ro | 7.77 | 17.12 | |
Room 7 | Main | Dining Ro | 9.32 | 9.74 | |
Room 8 | Main | Kitchen | 9.32 | 8.1 | |
Room 9 | Second | Bedroom | 14.63 | 10.23 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Second |
Washroom Type 2 | 4 | Second |
Washroom Type 3 | 2 | Main |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 4 | Second |
Washroom Type 7 | 4 | Second |
Washroom Type 8 | 2 | Main |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 4 | Second |
Washroom Type 12 | 4 | Second |
Washroom Type 13 | 2 | Main |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 | |
Washroom Type 16 | 4 | Second |
Washroom Type 17 | 4 | Second |
Washroom Type 18 | 2 | Main |
Washroom Type 19 | 0 | |
Washroom Type 20 | 0 | |
Washroom Type 21 | 4 | Second |
Washroom Type 22 | 4 | Second |
Washroom Type 23 | 2 | Main |
Washroom Type 24 | 0 | |
Washroom Type 25 | 0 | |
Washroom Type 26 | 4 | Second |
Washroom Type 27 | 4 | Second |
Washroom Type 28 | 2 | Main |
Washroom Type 29 | 0 | |
Washroom Type 30 | 0 | |
Washroom Type 31 | 4 | Second |
Washroom Type 32 | 4 | Second |
Washroom Type 33 | 2 | Main |
Washroom Type 34 | 0 | |
Washroom Type 35 | 0 | |
Washroom Type 36 | 4 | Second |
Washroom Type 37 | 4 | Second |
Washroom Type 38 | 2 | Main |
Washroom Type 39 | 0 | |
Washroom Type 40 | 0 | |
Washroom Type 41 | 4 | Second |
Washroom Type 42 | 4 | Second |
Washroom Type 43 | 2 | Main |
Washroom Type 44 | 0 | |
Washroom Type 45 | 0 | |
Washroom Type 46 | 4 | Second |
Washroom Type 47 | 4 | Second |
Washroom Type 48 | 2 | Main |
Washroom Type 49 | 0 | |
Washroom Type 50 | 0 |
Total Area: | 0.00 |
Property Type: | Semi-Detached |
Style: | 2-Storey |
Exterior: | Aluminum Siding, Stucco (Plaster) |
Garage Type: | None |
(Parking/)Drive: | Available, |
Drive Parking Spaces: | 2 |
Park #1 | |
Parking Type: | Available, |
Park #2 | |
Parking Type: | Available |
Park #3 | |
Parking Type: | Private |
Pool: | None |
Approximatly Square Footage: | 1500-2000 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Window Unit |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Utilities-Cable: | A |
Utilities-Hydro: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE TEAM REALTY |
|
Book Showing | Email a Friend |
Type: | Freehold - Semi-Detached |
Area: | Leeds and Grenville |
Municipality: | Prescott |
Neighbourhood: | 808 - Prescott |
Style: | 2-Storey |
Tax: | $2,732.72 |
Beds: | 3 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |