20-28 Miah Drive Cornwall, Prince Edward Island C0A 1H3
$3,500,000
Exceptional investment opportunity in a rapidly growing and sought-after Cornwall neighborhood! Nestled within this thriving locale are meticulously maintained 12 units, distributed across two separate well built contemporary buildings. These units produce positive cash flow and consistent full occupancy, complemented by an impressive tenant history. These turn-key units 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 3 years left on the term. Ideal for astute investors looking to expand their portfolio, call today! Note: Listing agent is related to the seller. (id:30476)
Property Details
| MLS® Number | 202317354 |
| Property Type | Multi-family |
| Community Name | Cornwall |
| Amenities Near By | Park, Playground, Public Transit, Recreation, Shopping |
| Community Features | School Bus |
| Equipment Type | None |
| Features | Balcony |
| Rental Equipment Type | None |
Building
| Amenities | Cable Tv |
| Appliances | Stove, Dishwasher, Dryer, Washer, Microwave, Refrigerator, Intercom |
| Basement Type | None |
| Exterior Finish | Vinyl |
| Flooring Type | Carpeted, Ceramic Tile, Laminate |
| Foundation Type | Concrete Slab |
| Heating Fuel | Electric, Solar |
| Heating Type | Wall Mounted Heat Pump, Radiant Heat |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) |
Land
| Acreage | Yes |
| Land Amenities | Park, Playground, Public Transit, Recreation, Shopping |
| Sewer | Municipal Sewage System |
| Size Total Text | 1 - 3 Acres |
| Zoning Type | Multi-family |
https://www.realtor.ca/real-estate/25957284/20-28-miah-drive-cornwall-cornwall
Interested?
Contact us for more information
Yu Hun Hwang
87 John Yeo Drive Unit 1
Charlottetown, Prince Edward Island C1E 3J3
(902) 628-6500
royallepagepei.ca/
Moira Mcintyre
87 John Yeo Drive Unit 1
Charlottetown, Prince Edward Island C1E 3J3
(902) 628-6500
royallepagepei.ca/
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August 18 2023 02:38:38
Prince Edward Island Real Estate Association
Royal LePage Prince Edward Realty