Set in an excellent location! Prime Multi-Family Investment Opportunity! Positioned on a expansive 0.31-acre parcel in the heart of Charlottetown, this versatile 11-unit residential building delivers strong rental demand and robust cash-flow potential. The well-balanced unit mix caters to every tenant demographic: Four 1-bedroom units, three 2-bedroom units, two 3-bedroom units, one 4-bedroom units, and one bachelor unit. Benefit from key capital improvements, including recently upgraded electrical systems, minimizing immediate CAPEX. Centrally located within walking distance to schools, major retail centers, and public transit routes, this property boasts exceptional occupancy appeal. A standout asset for seasoned portfolio builders and savvy commercial investors alike! (id:13843)
| MLS # | 202626359 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1973 |
| Days On Site | 16 |
| Listing Provided By | ROYAL LEPAGE PRINCE EDWARD REALTY | Eva Clow |
| Zoning | Multi-Family |
|---|---|
| Acreage | 0.31 |
| Cooling | Air Conditioned |
|---|---|
| Heating | Baseboard heaters, Radiant heat, Electric, Wall Mounted Heat Pump |
| Appliances | Washer, Dryer - Electric, Refrigerator, Oven - Electric, Dishwasher, Stove |
| Fireplace Yes / No | No |
| Foundation Details | Poured Concrete |
|---|
| Parking Features | Parking Space(s), Parking Space(s) |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 11930 |
|---|---|
| Tax Year | 2026 |
| Province | PE |
|---|---|
| City | Charlottetown |
| Postal Code | C1A2P2 |
| Listing VS Median (in C1A2P2) | |
Price: $1,490,000 low | high Med: $0 On site: 16 low | high Med: | |
| Province | PE |
|---|---|
| City | Charlottetown |
| Postal Code | C1A2P2 |
| Listing VS Median (in C1A2P2) | |
Price: $1,490,000 low | high Med: $0 On site: 16 low | high Med: | |