Multi-residential properties for sale in PEI

Oyster Bed Bridge, Prince Edward Island

MULTI-RESIDENTIAL INCOME PROPERTY. Welcome to #645, #647, #651, and #653 Crooked Creek Road, in Oyster Bed Bridge. This multi-residential property is located 20 min from Charlottetown and 30 min to Summerside. The property consists of four buildings, with a total of 12 units, and 2.6 acres of land. Building #645 is a 2-story duplex, building #647 is a bungalow fourplex, building #651 is a 2-story triplex, and building #653 is a two-story triplex. The buildings are all fully tenanted, with good rents and good tenants. The buildings have all had upgrades over the years, and all four have newer metal roofs. There is also a two-coin laundry washer and dryer on site for the tenants. Income statements are available upon request, for approved potential buyers. (id:50344)

Charlottetown, Prince Edward Island

44 Bayfield Street is an over/under duplex located in the heart of Charlottetown. This prime location is within walking distance to restaurants, shops, schools, parks, Charlottetown?s waterfront and Holland College. There is also plenty of off-street parking around the back. This duplex has had a complete renovation inside and out in 2012 and has been well maintained since. Upgrades include new 100-amp panel, new plumbing, hot water heater, new kitchen, bathrooms, new windows, fiberglass oil tank (2014) and a new steel roof (2018). The upper unit is a 2 bedroom, 1 bath and is currently vacant. The lower unit is a 1 bedroom, 1 bath and is tenanted. (id:50344)

Stratford, Prince Edward Island

Unique 2-unit property on a private lane. The front unit has a nice entrance with included washer and dryer, a bright living room and kitchen with fridge and stove 2 bedrooms, an office and a full bath on the 2nd level. The back unit has an open kitchen (fridge and stove included), dining area and master bedroom with 3 3-piece en-suite bath on the main level. The lower level has a large rec room, full bath, 2nd bedroom, large flex room and utility area with included washer & dryer. Comes on a great lot, over 2.5 acres. Also 24x32 garage with washroom and wood heat. Fully insulated. Note Listing agent is also the seller. (id:50344)

Charlottetown, Prince Edward Island

Downtown location, line up of tenants wanting to rent. 5-minute walk to Holland College. New heat pumps and electric heat. Two bedrooms, living area, dining room and kitchen! Great long-term investment. Main floor rents for $995. Second floor $900. (id:50344)

Charlottetown, Prince Edward Island

239 Cumberland Street!...This is an exceptional income property nestled in the heart of Charlottetown, offering convenience, comfort, and a promising investment opportunity. This restored building stands within walking distance to downtown, Holland College, and an array of amenities, ensuring a desirable location for tenants and investors alike. The property has undergone significant upgrades, including a new roof, new siding, high-efficiency furnace, fiberglass oil tank, and installation of two brand new electric hot water tanks. These updates enhance the property's longevity and efficiency, reducing maintenance costs for the owner. With eight rental units, this property offers a steady stream of income for the discerning investor. The units are in high demand due to their convenient location and well-maintained amenities, ensuring consistent occupancy and a healthy return on investment. Each unit is equipped with its own washer/dryer and heat pump, providing tenants with convenience and comfort. Off-street parking further adds to the appeal of the property, enhancing tenant satisfaction and attracting potential renters. The units at 239 Cumberland Street are in high demand, with a track record of being easily rented out. The property's prime location, coupled with its historical charm, make it a sought-after choice among tenants. The combination of recent upgrades, prime location, and high demand for rental units ensures both short-term profitability and long-term appreciation potential. Whether you're a seasoned investor looking to expand your real estate portfolio or a newcomer to the market seeking a reliable investment, 239 Cumberland Street offers the perfect blend of income potential and property value appreciation. Don't miss out on this chance to own a piece of Charlottetown's thriving rental market. (id:50344)

Charlottetown, Prince Edward Island

Welcome to this perfect property, it is located in down town area just opposite the Delta Hotel. The whole building has 4 apartments and 2 street-facing shops. All in good condition. The building brings very stable incomes every year. Apartment 1 and 2 both are about 1000 square feet 2 level apartments. Each has two bedrooms/one living room and one bathroom, private laundry. Floor, toilet and shower were updated in 2021. Apartment 3 is about 600 square feet, two bedroom/one living room/one bath, 5 years new flooring, kitchen and bathroom. Apartment 4 is about 750 square feet, two bedroom/one living room/ one bathroom, Floor, toilet and shower were updated in 2020. All apartments have their own hot water tank. The street-facing shops, left one is about 400 square feet and right one is about 450 square feet. Each shop has its own washroom and storage space. Flooring updated to tile floors in 2020. The shops always fully rented because of the excellent location. In addition, good brand oil furnace and oil tank (fiber material) have been updated in 2018. Backyard can part 3 or 4 cars. Access to backyard parking space via a shared driveway. Contact agent for more details. (id:50344)

Charlottetown, Prince Edward Island

Downtown Triplex! Don't miss your chance to own this renovated Downtown Charlottetown rental property that generated a net income of $21K before interest in 2023, with one unit being owner occupied. Currently all units are fully rented and not owner occupied. This building has: new bathrooms, kitchens, paint, roof, oil tank and external doors with one 2 bedroom unit and two 1 bedroom units walking distance to everything including the waterfront, the new public library and always fully rented! Property taxes are currently $4,374.79 per year. All units will come furnished with the exception of a few items which is a huge bonus to potential landlords and tenants. (id:50344)

Montague, Prince Edward Island

One time century home on C-1 zoned lot on Main St Montague is presently used as an over/under duplex income property. This property is presently completely vacant, and easy to show. updates include windows, roof and furnace. Good location walking distance to most everything Montague offers. Great opportunity to own a well priced duplex. All measurements approx. (id:50344)

Montague, Prince Edward Island

138 Sackville St. is a 6 unit Income property with 2 -1BR apartments and a garage on the ground floor with 4 - 2BR apartments on the 2nd and 3rd floors. Currently fully rented and one tenant manages the property. Heat and hot water is provided by 2 forced air furnaces and 3 hot water heaters. 5 of the 6 units have been updated. Location close to shopping, churches, hospitals, rinks, boating, fishing, swimming, golf and ball fields. Great location for retired couples, young professionals or young families. (id:50344)

Montague, Prince Edward Island

539 Main Street in Montague is a 3 storey investment property with commercial and retail operations on the main floor and residential apartments on the 2nd & 3rd Floor. (id:50344)

Cornwall, Prince Edward Island

Welcome to this stunning two-year-old duplex nestled in the prestigious West River subdivision in Cornwall, PEI. Offering 1288 square feet of living space on each side, this home comes with an attached garage and features two units with 3 bedrooms and 2 bathrooms, including an ensuite bathroom off the master bedroom. With an 8-year home warranty and warranties on appliances and heat pumps, your investment is well-protected. Situated in a fantastic family-friendly community, residents enjoy easy access to Cornwall's walking trails and amenities, while also benefiting from a quick 5-minute commute to the city of Charlottetown. Both units are currently tenanted bringing in great rental income. (id:50344)

Charlottetown, Prince Edward Island

5 unit apartment building at the corner of Pleasant St and Longworth Ave. 3-1BR units and 2 Bachelor Apartment. 4 parking places and two storey shed on concrete pad. Easy access to downtown in a great location across from Birchwood Intermediate School. Close to everything downtown has to offer. Good income and 7.4% return on investment. Easy to rent. (id:50344)

Stanhope, Prince Edward Island

When Viewing This Property On Realtor.ca Please Click On The Multimedia or Virtual Tour Link For More Property Info. Would you love to own a piece of PEI Oceanfront paradise? Turn-key waterfront cottage business in the heart of North Shore National Park in Stanhope Beach PEI. One of the Island's most popular travel destinations. Located just moments away from the picturesque Covehead Harbour and it's lighthouse. Breathtakingly beautiful oceanfront property. This is one of the most unique waterfront property on PEI. Consists of 5 charming heritage cottages, lovingly upgraded, tastefully decorated with a coastal touch, and fully equipped for a comfortable getaway retreat for your guests or family members and friends. Located just 20 minutes from Charlottetown, the very best of PEI awaits you, world class sandy beaches, bike path at your doorstep runs along the shore, hiking trails, water sports, award winning golf courses, cozy restaurants, craft shops, deep sea fishing, etc. This is a well-established successful seasonal business, these cottages are fully booked for the season with many returning guests year after year. Possibility to do condo conversion or other expansions. Sold as is where it is. (id:50344)

Miscouche, Prince Edward Island

Welcome to the beautiful community of Miscouche just minutes outside of Summerside. Great investment opportunity with this 3 unit apartment building located across from the Post Office and Cook's Corner convenience store. Units consist of two two bedroom apartments and a one bedroom apartment. Units have long term tenants which make it a great investment property. Unit is sitting on a poured concrete basement with 3 storage units and a laundry room. Book appointment for viewing! (id:50344)

Charlottetown, Prince Edward Island

When Viewing This Property On Realtor.ca Please Click On The Multimedia or Virtual Tour Link For More Property Info. The 10 Duplex Village, called Evergreen Village Inc. in West Royalty is just 5 years new with attached double garages is for SALE! The 7.3 Million dollar parcel is for sale complete, all tenanted. This is condo corporation #50. The Financials can be given to serious buyers that must show proof of financial means to purchase the property. This is considered a 20 Unit Condominium, with 20 single semi-detached units. High end appliances in each unit and ready to be SOLD to next OWNER. (id:50344)

Charlottetown, Prince Edward Island

Very solid Charlottetown duplex in the heart of downtown. Was fully rented with good income and good return on investment. Tenants pay heat and lights. Building has been converted to electric heat. Close to schools, shopping, fitness facilities, rinks, ball fields, bus routes and loads of eating establishments. Live in one side and rent the other or rent both sides. This is a good investment property. (id:50344)

Summerside, Prince Edward Island

Come to 67 Central St in Summerside PEI and find this great income property worth investing in. This is a 5-unit apartment building in the downtown area, it consists of 2 three-bedroom units, a 2 bedroom unit, a large 1 bedroom and a bachelor apt. The building generates $3425 monthly and has long-term tenants. The main floor is the 3 bedroom apt with a large kitchen, dining and living room along with a single bathroom. The second floor has a two bedroom apt, a 1 bedroom apt and a bachelor unit. The third floor is a 3 bedroom apartment. There is a shared laundry located on the main level common area entrance. Plenty of parking and there has been plenty of updates to this building. Each unit has its own electrical meter. Heat is included in the rent. Large basement that is being used for storage. Income and expenses in documents. Walking distance to schools, downtown, Credit Union Place, and Summerside's boardwalk. (id:50344)

Cornwall, Prince Edward Island

Exceptional investment opportunity in a rapidly growing and sought-after Cornwall neighbourhood! Nestled within this thriving locale are meticulously maintained 12 units, distributed across two separate buildings. Each building has five two-bedroom units and one one-bedroom unit. These units produce positive cash flow and consistent full occupancy, complemented by an impressive tenant history. These turn-key units are equipped with modern amenities including fridge, stove, microwave, dishwasher, washer, dryer, and heat pump ensuite, cater perfectly to prospective tenants' desires. The recent addition of solar panels enhances energy efficiency and contributes to low operating costs. Even more enticing, a qualified Buyer has the option to assume the existing mortgage at a preferred lower interest rate, with approximately 2 and half years left on the term. Ideal for astute investors looking to expand their portfolio, call today! HST to be determined by individual basis. Note: Listing agent is related to the seller. (id:50344)

Cornwall, Prince Edward Island

Great turnkey investment property. Duplex located in the fast growing West River Estates subdivision. Each unit has 3 bedrooms, 2 full baths, with the primary bedroom having ensuite bathroom with double vanity and 2 spacious walk-in closets. Open concept kitchen/dining/living room. Enjoy your heated double car garage with double paved driveways. Home heating and electricity is under $2000 yearly per side with heat pumps. Tenants are paying heats and lights. Kitchen includes granite counter tops, stainless steel appliances and a large island. Soft close doors, back private decks and front covered decks. Everything on one floor/no stairs. Minutes to many amenities of Cornwall and close to Charlottetown. City water and sewer. Tenants on both sides. Very easy to rent. Quick closing available. City bus service to Charlottetown. (id:50344)

Charlottetown, Prince Edward Island

One of a kind historic property overlooking a beautiful city park, a short walk to the Charlottetown waterfront and the downtown area. This property has paved off street parking at the rear. Offered is a 4-1 bedroom unit building, Unit # 3 has access to the third floor by way of a spiral staircase constructed and installed by Ravenwood Stairways in 2023. This unit could be converted to a 3 or 4 bedroom apartment or condo. Surveys and Condo Association paperwork have been drawn up. There is numerous sheets of drywall already in stored on the third floor ready for finishing. A new High Efficiency Bureaus furnace was installed in Dec 2023, a high end oil tank is in place and a new electric 60 gal water heater was also installed in 2023, The building has most of the work completed to be converted to Condos. Please Note : The Listing Agent is part owner of the property. (id:50344)

East Royalty, Prince Edward Island

Investment property. This listing features 2 duplexes - each side complete is a spacious 1380 sq. ft. duplex on a slab featuring an open concept kitchen, living room with vaulted ceilings, 3 well-sized bedrooms and a double car garage. The master bedroom includes a walk-in closet and en-suite bathroom complete with a large double vanity with stone tops. The kitchen includes a large island, pantry and quartz countertops. Excellent location in the growing community of East Royalty. 3 Units are under lease and one unit is vacant for showing. Easy to rent. Tenants pay for heat/lights/grass cutting/ snow removal. (id:50344)

North Rustico, Prince Edward Island

Well maintained 6 unit apartment building in the heart of North Rustico. Each unit features an eat-in kitchen, a living room with doors leading to a back deck, two bedrooms, full bathroom, laundry, and in floor heat. The town?s grocery store, restaurants, bakery, post office and new recreation center are within short walking distance. A gas station, hardware store, liquor store, pharmacy, bank, Lions Club and Bowling alley are just a short drive away. North Rustico has gorgeous beaches, a great park, boardwalk shops, and a beautiful harbour that all add charm to the area! Heat is paid for by the landlord and each unit has its own electrical meter. All units are currently filled and rent controlled. (id:50344)

North Rustico, Prince Edward Island

Well maintained 6 unit apartment building in the heart of North Rustico. Each unit features an eat-in kitchen, a living room with doors leading to a back deck, two bedrooms, full bathroom, laundry, and in floor heat. The town?s grocery store, restaurants, bakery, post office and new recreation center are within short walking distance. A gas station, hardware store, liquor store, pharmacy, bank, Lions Club and Bowling alley are just a short drive away. North Rustico has gorgeous beaches, a great park, boardwalk shops, and a beautiful harbour that all add charm to the area! Heat is paid for by the landlord and each unit has its own electrical meter. All units are currently filled and rent controlled. (id:50344)

North Rustico, Prince Edward Island

Excellent income opportunity - year round or seasonal rentals! This 6 unit, fully furnished property currently operating as a seasonal business consists of 1 - 4BR winterized house, 2 duplex units; each with a 1BR and a 2BR unit and a standalone 3BR chalet. Continue to operate seasonally, with PEI's lucrative tourism based short term rental market, or, decide to rent as long term rentals. The main house has a newly installed propane forced air furnace, new water heater with other recent updates including: roof, 200 amp panel and 5' deep, heated in-ground pool. The other units are also insulated and heated and would only require some skirting insulation and minor additions to be winter ready! Fantastic opportunity to live in the heart of PEI's North Shore Communitiy while earning an income at the same time! (id:50344)