245 Queen Street Charlottetown, Prince Edward Island C1A 4B9
$999,000
Historic Charm Meets Investment Opportunity ? Welcome to 245 Queen Street! Step into the world of timeless elegance with this impressive brick six-unit apartment building situated Downtown Charlottetown. This property offers a rare blend of historical charm and modern appeal, This is an standout investment in the city's bustling real estate market. This apartment building is strategically located on one of Charlottetown's main streets, ensuring high visibility and easy access to the city?s vibrant urban life. While the building boasts a rich history, five out of six units have been thoughtfully upgraded to attractive modern standards, while tasteful historical influences are retained throughout the interior. This unique blend of old-world charm and contemporary comfort enhances the property?s overall appeal. The property offers four spacious 2-bedroom apartments and two generously sized 1-bedroom apartments. All units are currently leased to excellent tenants, providing a reliable cash flow and a strong income stream.The property has recently been appraised at $1.1 Million. This six-unit apartment building is not only a symbol of historical significance but also an excellent investment opportunity. With a blend of timeless character and modern appeal, this property is poised to attract tenants seeking a unique living experience in the heart of Charlottetown. Don't miss this chance to invest in a property with strong cash flow potential and a location that ensures high tenant demand. (id:53658)
Property Details
| MLS® Number | 202320630 |
| Property Type | Multi-family |
| Community Name | Charlottetown |
| Amenities Near By | Public Transit, Shopping |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Appliances | Stove, Dryer, Washer, Refrigerator |
| Basement Type | Full |
| Flooring Type | Carpeted, Hardwood, Laminate, Other |
| Foundation Type | Stone |
| Heating Fuel | Oil |
| Heating Type | Baseboard Heaters, Hot Water, Radiator |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) |
Land
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Type | Multi-family |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
February 20 2024 05:12:39
Prince Edward Island Real Estate Association
Royal LePage Prince Edward Realty, Exit Realty Pei
