$1,100,000
642 WEST STREET
Beds
8
Baths
4
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Prescott. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
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. (id:65958)
- Subtype
- Multi-family
- Architectural style
- Bungalow
- Structure
- Fourplex
- Community
- 808 - Prescott
- Lot dimensions
- 50 x 118 FT
- Bedrooms
- 8 above grade
- Parking
- 6 total
- Stories
- 1
- On market
- Sep 15, 2025
- Status changed
- Apr 24, 2026
- Annual tax
- $4,875.79 (2025)
- Zoning
- Residential - R3
- Photos
- 27
- MLS#
- X12403529
- Area
- PRESCOTT
Features and systems
Parking
Basement
Appliances
Cooling
Exterior
Foundation
Cash on cash
-6.51%
Cap rate
3.56%
GRM
16.7
Break-even rent
$6,756
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.