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CENTURY21® Northumberland Realty - Property Details

155 CUMBERLAND STREET, CHARLOTTETOWN

A rare find in the Downtown Charlottetown core! 5.5% Investors cap rate and turn-key easy to manage (great tenants, rents and maintained building) Welcome to 155 Cumberland St, a 10-Unit apartment building tucked away on a private mature lot offering ample paved parking for all tenants. Walk to Holland College (a block away), the waterfront harbour front, and all downtown shops, restaurants and businesses. Well maintained and managed building with excellent clean tenants and always fully rented. The apartment building offers spacious 5x - 2 bedroom apartments and 5x -1 bedroom apartments. The top floor "Penthouse Suite" is approx. 1,500 sq. ft. with 2 bedrooms & 2 baths + laundry room, nice patio deck and mudroom entry. The buildings exterior is hardy plank with asphalt roof and many updates in the units over the few years. The building offers a coin operated laundry room, multiple large storage units in the lower level of the building for additional income. There is also great income potential to develop 2 additional "micro suite" apartments in the lower level of the building to be a total of 12 units. Apartment buildings like this only 19 years old, with concrete over pour on each floor for privacy in the heart of downtown don't come for sale often! Call for your personal viewing and for the financials and updates today. 48-hour notice to view and proof of ability to obtain financing is required. All measurements are approximate and should be verified, if deemed important. (id:30594)

Specifications

MLS #202208651
Listing ID24339195
Latitude46.2403145
Longitude-63.1227951
Community FeaturesSchool Bus
FeaturesBalcony
Price$1,935,000
Property TypeMulti-family
Rental EquipmentNone
ZoningMulti-Family
Total Bathrooms0
Total Bedrooms0
AmenitiesLaundry Facility
AppliancesStove, Dryer, Washer, Refrigerator, Intercom
Date Constructed2003
ExteriorVinyl
FlooringCarpeted, Concrete, Laminate, Tile
FoundationPoured Concrete
Heated byOil
Type of HeatingIn Floor Heating
TypeApartment
WaterMunicipal water
Land FeaturesGolf Course, Park, Playground, Public Transit, Recreation, Shopping, Marina
SewerMunicipal sewage system
CommunityCharlottetown
  

Listing Office: Re/Max Charlottetown Realty
Data Provided by Prince Edward Island Real Estate Association
Last Modified: 2022-06-03 13:24:01
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association

155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown 155 CUMBERLAND STREET Charlottetown

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