122 DIBBLE STREET E

$299,900

House
$299,900
3 Bedrooms
3 Bathrooms
2 Parking Spaces

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:13118)

Essential Information

Listing #
X12325320
Price:
$299,900 
Year Built:
-
Total Bedrooms:
3
Total Bathrooms:
3
Half Baths:
1
Property Type:
Single Family
Basement:
Crawl space
Transaction:
For sale

Property Specifications

Parking Spaces:
2
Maintenance Fees:
 
Heating:
Forced air
Cooling:
Window air conditioner
Fireplace Type:
-

Listing Details

Last Updated:
2025, 05 Aug 
Listing Office:
ROYAL LEPAGE TEAM REALTY
Virtual Tour:
Click Here 

See what's nearby:

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.