20-28 Miah Drive

Multi-family For Sale in Cornwall, Prince Edward Island

$3,400,000
Exceptional investment opportunity in a rapidly growing and sought-after Cornwall neighbourhood! Nestled within this thriving locale are meticulously maintained 12 units, distributed across two separate buildings. Each building has five two-bedroom units and one one-bedroom unit. These units produce positive cash flow and consistent full occupancy, complemented by an impressive tenant history. These turn-key units are equipped with modern amenities including fridge, stove, microwave, dishwasher, washer, dryer, and heat pump ensuite, cater perfectly to prospective tenants' desires. The recent addition of solar panels enhances energy efficiency and contributes to low operating costs. Even more enticing, a qualified Buyer has the option to assume the existing mortgage at a preferred lower interest rate, with approximately 2 and half years left on the term. Ideal for astute investors looking to expand their portfolio, call today! HST to be determined by individual basis. Note: Listing agent is related to the seller. (id:4069)
Address 20-28 Miah Drive
List Price $3,400,000
Property Type Multi-family
Type of Dwelling Apartment
Area Prince Edward Island
Sub-Area Cornwall
MLS® Number 202403163
Listing Brokerage ROYAL LEPAGE PRINCE EDWARD REALTY
Basement Area None
Postal Code C0A1H3
Site Influences Park, Playground, Public Transit, Recreation, Shopping
Features Balcony
Amenities Cable TV

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Darcy Gallant

Re/Max Harbourside

660 Water St Summerside PEI C1N 4J1

Mobile: 902-954-0581

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