122 Dibble Street E Prescott, Ontario K0E 1T0

3 Bedroom 3 Bathroom 1,500 - 2,000 ft2
Window Air Conditioner Forced Air

$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:19720)

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

Contact Us

Contact us for more information

Brittany Byrd
Salesperson

(613) 246-7777
www.brittanybyrd.com/

Royal LePage Team Realty
5536 Manotick Main St
Manotick, Ontario K4M 1A7

(613) 692-3567
(613) 209-7226
www.teamrealty.ca/