3 Beds 3 Bath

122 Dibble Street E, Prescott, ON K0E 1T0

Prescott K0E 1T0 Ontario

MLS: X12325320

$299,900

Added 12 days ago | For Sale

Listed by: ROYAL LEPAGE TEAM REALTY

About Property

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.

Features

  • House Style:Semi-Detached
  • Bathrooms:3
  • Land Size: 71 X 68
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:South from 401 on Edward St. East on Dibble St.
  • Basement:Crawl Space , Crawl Space
  • Possession Date:TBD
  • Annual Property taxes: $2732.72
  • Bedrooms:3
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12325320

Level Type Features Dimensions
Main Foyer 8 ft, 3 in x 5 ft, 1 in
Living Room 10 ft, 8 in x 13 ft, 1 in
Kitchen 16 ft, 2 in x 16 ft, 11 in
Living Room 7 ft, 9 in x 17 ft, 2 in
Dining Room 9 ft, 4 in x 9 ft, 9 in
Kitchen 9 ft, 4 in x 8 ft, 1 in
Second Bedroom 13 ft x 12 ft, 7 in
Bedroom 16 ft, 10 in x 17 ft, 10 in
Bedroom 14 ft, 8 in x 10 ft, 3 in

No property rooms available.

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