




This multi-family in Charlottetown offers 5,400 sqft of living area on a 0 sqft lot. The property has lot dimensions of 0.06, zoned Multi-Family. The home features tile and laminate flooring, baseboard heaters, oil, furnace heating, a unfinished, full basement.
Situated on Water Street, one of downtown Charlottetown's most beautiful and bustling main streets, this exceptional mixed-use property includes four well-maintained residential apartments and two elegant street-front commercial storefronts, ensuring diverse and stable tenancy. providing immediate income diversity. The surrounding area is steeped in history, The location is second to none: steps from the Charlottetown Harbour, residents and patrons alike enjoy easy access to scenic boardwalks and breathtaking sunrises and sunsets. premier restaurants, boutique shopping, cultural hubs like the Confederation Centre of the Arts, and all essential municipal services and transit all are nearby. The property's prime location and excellent, well-maintained condition ensure it remains fully rented, generating a substantial and immediate income stream. Furthermore, the flexible zoning supports a variety of commercial uses, offering significant future appreciation potential. Seize this excellent opportunity to acquire a truly turnkey, income-producing asset in a high-demand core location! (id:60351)
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Listed by Eva Clow, ROYAL LEPAGE PRINCE EDWARD REALTY
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Listing represented by Eva Clow, ROYAL LEPAGE PRINCE EDWARD REALTY · MLS# 202602727
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.