Multi-residential properties for sale in PEI

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)

Charlottetown, Prince Edward Island

Located in the vibrant heart of Charlottetown, this stacked duplex boasts an ideal location, surrounded by a great community and is close to all amenities, steps away from shopping centers, schools, churches, public transportation, and more. The property features a 3-bedroom unit with one bathroom and a 4-bedroom unit with 1.5 bathrooms, along with 5 paved parking spaces, making it a fantastic income generator. Additionally, there's a spacious Detached garage (22 x 12) that provides convenience and storage space. Furthermore, there's an empty lot with great potential to unlock its value. The duplex has undergone a series of renovations and upgrades, including a new roof in 2022, new windows and doors in 2019, updated electric heating and hot water systems in 2016, a new countertop added in 2023, and a new range hood in 2022 for one unit. The property has also received updates in terms of appliances and flooring, a fresh coat of paint, and a new roof for the garage in 2022. All of these improvements contribute to the long-term stability and low maintenance of the property. The great condition and low vacancy rate make this property an exceptional investment choice. Whether you are an experienced or novice investor, this duplex offers a hard-to-miss opportunity to expand your income portfolio. (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)