122 Dibble Street E Prescott, Ontario K0E 1T0

$299,900

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. (id:49712)

Property Details

MLS® Number	X12325320
Property Type	Single Family
Community Name	808 - Prescott
Parking Space Total	2

Building

Bathroom Total	3
Bedrooms Above Ground	3
Bedrooms Total	3
Appliances	Two Stoves, Two Refrigerators
Basement Type	Crawl Space
Construction Style Attachment	Semi-detached
Cooling Type	Window Air Conditioner
Exterior Finish	Aluminum Siding, Stucco
Foundation Type	Stone
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,500 - 2,000 Ft2
Type	House
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	68 Ft
Size Frontage	71 Ft
Size Irregular	71 X 68 Ft
Size Total Text	71 X 68 Ft
Zoning Description	R2

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom	3.95 m	3.84 m	3.95 m x 3.84 m
Second Level	Bedroom	5.14 m	5.43 m	5.14 m x 5.43 m
Second Level	Bedroom	4.46 m	3.12 m	4.46 m x 3.12 m
Main Level	Foyer	2.51 m	1.55 m	2.51 m x 1.55 m
Main Level	Living Room	3.25 m	3.99 m	3.25 m x 3.99 m
Main Level	Kitchen	4.92 m	5.15 m	4.92 m x 5.15 m
Main Level	Living Room	2.37 m	5.22 m	2.37 m x 5.22 m
Main Level	Dining Room	2.84 m	2.97 m	2.84 m x 2.97 m
Main Level	Kitchen	2.84 m	2.47 m	2.84 m x 2.47 m

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/28691531/122-dibble-street-e-prescott-808-prescott