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245 Queen Street Charlottetown, Prince Edward Island C1A 4B9

Furnace, Radiator

$949,900

In the heart of downtown Charlottetown, this 6 unit investment property would make a great addition to an investor?s portfolio. Complete with two 1-bedroom units, three 2-bedroom units, and one 3-bedroom units, this cash-flow positive property offers a multitude of possibilities. Three of the units are currently vacant and have just received a number of updates and renovations including: refinished hardwood floors, freshly painted walls and trim, new kitchen in unit 3, and the list goes on. Complete list of renovations and updates included in the listing documents. Other potential opportunities include: Zoned ?Downtown Neighbourhood? also means that a change-of-use could be applied for and the entire second floor could be re-utilized as office space, and, with 3 vacant units, work could be undertaken by the buyer to complete a condo conversion. Additional points of interest for this property include 7 off-street parking spots on a double lot with large, green space on the southern side of the building. Financial statement available with a signed NDA. Don?t miss out on this chance to invest is historic downtown Charlottetown. (id:33212)

Property Details

MLS® Number 202417203
Property Type Multi-family
Neigbourhood Downtown
Community Name Charlottetown
AmenitiesNearBy Park, Playground, Public Transit, Shopping
CommunityFeatures School Bus
EquipmentType None
RentalEquipmentType None

Building

Amenities Laundry Facility
Appliances Range - Electric, Dryer, Washer, Refrigerator
BasementDevelopment Unfinished
BasementType Full (unfinished)
FlooringType Hardwood, Vinyl
FoundationType None
HeatingFuel Oil
HeatingType Furnace, Radiator
StoriesTotal 3
Type Apartment
UtilityWater Municipal Water

Parking

Gravel
Parking Space(s)
Shared

Land

Acreage No
LandAmenities Park, Playground, Public Transit, Shopping
Sewer Municipal Sewage System
SizeIrregular 0.16
SizeTotal 0.1600|under 1/2 Acre
SizeTotalText 0.1600|under 1/2 Acre
ZoningType Multi-family

https://www.realtor.ca/real-estate/27188306/245-queen-street-charlottetown-charlottetown

Brooke Miller


East Coast Realty
116 Main Street, Po Box 772
Souris, Prince Edward Island C0A 2B0

Amy Palmer


East Coast Realty
116 Main Street, Po Box 772
Souris, Prince Edward Island C0A 2B0