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6 Pond Street Charlottetown, Prince Edward Island C1A 2P2

Air Conditioned Baseboard Heaters, Wall Mounted Heat Pump, Radiant Heat

$1,490,000

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:11866)

Property Details

MLS® Number 202626359
Property Type Multi-family
Community Name Charlottetown
Amenities Near By Golf Course, Park, Public Transit, Shopping
Community Features School Bus
Equipment Type None
Rental Equipment Type None
Structure Barn

Building

Amenities Air Conditioning, Laundry Facility
Appliances Oven - Electric, Stove, Dishwasher, Dryer - Electric, Washer, Refrigerator
Constructed Date 1973
Cooling Type Air Conditioned
Exterior Finish Vinyl
Flooring Type Ceramic Tile, Engineered Hardwood, Hardwood, Laminate, Tile, Vinyl
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters, Wall Mounted Heat Pump, Radiant Heat
Type Apartment
Utility Water Municipal Water

Parking

Parking Space(s)
Parking Space(s)

Land

Acreage No
Land Amenities Golf Course, Park, Public Transit, Shopping
Sewer Municipal Sewage System
Size Irregular 0.31
Size Total 0.31 Ac|under 1/2 Acre
Size Total Text 0.31 Ac|under 1/2 Acre
Zoning Type Multi-family

https://www.realtor.ca/real-estate/30429370/6-pond-street-charlottetown-charlottetown

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Royal LePage Prince Edward Realty
87 John Yeo Drive, Unit 1
Charlottetown., Prince Edward Island C1E 3J3

(902) 628-6500
royallepagepei.ca/