Located in the heart of Charlottetown, this well maintained 6 unit apartment building presents an exceptional investment opportunity. With a prime location in one of the city's most sought after neighborhoods, this property is perfectly positioned to offer strong rental demand and long term value. The building consists of two spacious three bedroom apartments, and four well sized two bedroom apartments, catering to a range of potential tenants. Whether your looking to attract young professionals, small families, or long term renters, these units are ideal for those seeking comfort and convenience in the heart of the city. In addition to the well sized apartments, the building offers a private parking lot, providing convenient, off street parking for all tenants. This feature adds significant value and enhances the property's appeal particularly in a downtown setting where parking can be limited. As an investment, this property offers numerous advantages: a desirable location with proximity to shops, restaurants, and public transportation, strong rental demand due to Charlottetown's growing population, and a well maintained structure that requires minimal upkeep. This 6 unit apartment building is an outstanding opportunity for investors looking to capitalize on Charlottetown's thriving rental market. Whether you're a seasoned investor or looking to get started, this property is a solid choice that promises steady income and long term growth potential. Ian Walker, the listing realtor, is a shareholder in the company that owns this property. (id:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Zoning:
Multi-Family
Community:
Charlottetown
Features:
Laundry Facility, Cable TV
Exterior Features:
Vinyl
Community Features:
School Bus
Structure Type:
Apartment
Appliances Included:
Washer, Dryer - Electric, Refrigerator, Intercom, Range - Electric, Dishwasher, Microwave Range Hood Combo, Washer/Dryer Combo
Fireplace:
No
Floor finish:
Hardwood, Laminate, Carpeted, Linoleum
Foundation:
Poured Concrete
Heating:
Baseboard heaters, Oil, Electric, Hot Water, Furnace
Data was last updated May 11, 2025 at 11:15 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$544,450
Min list price:
$339,900
Max list price:
$1,499,000
Avg days on market:
41
Min days on market:
2
Max days on market:
348
These statistics are generated based on the current listing's property type
and located in
Charlottetown. Average values are
derived using median calculations.
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