245 Queen Street Charlottetown, Prince Edward Island C1A 4B9
$949,900
In the heart of downtown Charlottetown, this 6 unit investment property would make a great addition to an investor?s portfolio. Complete with two 1-bedroom units, three 2-bedroom units, and one 3-bedroom units, this cash-flow positive property offers a multitude of possibilities. Three of the units are currently vacant and have just received a number of updates and renovations including: refinished hardwood floors, freshly painted walls and trim, new kitchen in unit 3, and the list goes on. Complete list of renovations and updates included in the listing documents. Other potential opportunities include: Zoned ?Downtown Neighbourhood? also means that a change-of-use could be applied for and the entire second floor could be re-utilized as office space, and, with 3 vacant units, work could be undertaken by the buyer to complete a condo conversion. Additional points of interest for this property include 7 off-street parking spots on a double lot with large, green space on the southern side of the building. Financial statement available with a signed NDA. Don?t miss out on this chance to invest is historic downtown Charlottetown. (id:56815)
Property Details
| MLS® Number | 202417203 |
| Property Type | Multi-family |
| Community Name | Charlottetown |
| Amenities Near By | Park, Playground, Public Transit, Shopping |
| Community Features | School Bus |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Amenities | Laundry Facility |
| Appliances | Range - Electric, Dryer, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Flooring Type | Hardwood, Vinyl |
| Foundation Type | None |
| Heating Fuel | Oil |
| Heating Type | Furnace, Radiator |
| Stories Total | 3 |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Gravel | |
| Parking Space(s) | |
| Shared |
Land
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.16 |
| Size Total | 0.1600|under 1/2 Acre |
| Size Total Text | 0.1600|under 1/2 Acre |
| Zoning Type | Multi-family |
https://www.realtor.ca/real-estate/27188306/245-queen-street-charlottetown-charlottetown
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August 13 2024 03:04:19
Prince Edward Island Real Estate Association
East Coast Realty