25-27 Alley St Downtown Charlottetown (Charlottetown, Prince Edward Island, CA - C1A2G8) Built

$499,000
4 Unit Apartment Building

ReMax Charlottetown Reality

Kevin Quinn Kevin Quinn 902-629-0201 (Office) 902-368-3024 (Office) 902-629-0201 (Cell) 902-892-2160 (Fax) Request More Info

  • Fully Rented
  • Type: Multifamily
  • Style: 2 Story
  • Development Level: Built
  • Lot Size: 0.07 acres
  • Taxes: $3,130.00 (2022)
  • MLS ® #: 202224227
  • Basement: Yes, Full

Description

Updated 4 Unit apartment building in the heart of Charlottetown contains 4 - 1 Bedroom apartments. Property is close to all amenities Charlottetown has to offer. including shopping, grocery stores, restaurants, liquor stores, laundromats, schools, fitness centers, rinks, churches and public transit. Property takes in good rents $3820/month and $45840/year with an ROI of 7.0% with existing leases signed. All units are fully rented with good tenants All units have been updated. Building roof plywood and shingles were done in last 5 years and chimney was updated at the same time. Property has a new hot water heater, and all windows are vinyl. This is a great income property located between University Ave and Prince St close to the heart of downtown

Attachments

P2#541458127
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