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:4069)
Address
6 Pond Street
List Price
$1,490,000
Property Type
Multi-family
Type of Dwelling
Apartment
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Charlottetown
Lot Size
0.31 Sq. Ft.
Year Built
1973
MLS® Number
202626359
Listing Brokerage
ROYAL LEPAGE PRINCE EDWARD REALTY
Postal Code
C1A2P2
Ownership
Freehold
Site Influences
Golf Course, Park, Public Transit, Shopping
Community Features
School Bus
Appliances
Oven - Electric, Stove, Dishwasher, Dryer - Electric, Washer, Refrigerator
Amenities
Air Conditioning, Laundry Facility
Heat Source
Electric
Heat Type
Baseboard heaters, Wall Mounted Heat Pump, Radiant heat
Cooling Features
Air Conditioned
Foundation Details
Poured Concrete
Other Structures
Barn
Water Source
Municipal water
Sewer
Municipal sewage system
