This 12-unit apartment building consisting of 8 studio and 4 1 bedroom units is located just outside Summerside, Prince Edward Island, and offers a proven track record of stable rental income with long-term tenants and consistent full occupancy. The property benefits from a newer steel roof, and units are updated as turnover occurs, supporting long-term asset preservation and rent sustainability. Additional features include electric heat and coin-operated laundry, contributing to manageable operating costs and supplemental income. This property presents a turnkey investment opportunity with predictable cash flow, making it well-suited for any investor. Detailed financials and supporting documentation available for qualified buyers. (id:4069)
Address
645 Blue Shank Road
List Price
$799,900
Property Type
Multi-family
Type of Dwelling
Apartment
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Wilmot Valley
Lot Size
1.5 Sq. Ft.
MLS® Number
202600304
Listing Brokerage
ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
Basement Area
Partial
Postal Code
C1N4J9
Site Influences
Public Transit
Amenities
Laundry Facility
