Radiant Heat
Acreage
$799,900
This 12-unit apartment building consisting of 8 studio and 4 1 bedroom units is located just outside Summerside, Prince Edward Island, and offers a proven track record of stable rental income with long-term tenants and consistent full occupancy. The property benefits from a newer steel roof, and units are updated as turnover occurs, supporting long-term asset preservation and rent sustainability. Additional features include electric heat and coin-operated laundry, contributing to manageable operating costs and supplemental income. This property presents a turnkey investment opportunity with predictable cash flow, making it well-suited for any investor. Detailed financials and supporting documentation available for qualified buyers. (id:30476)
Property Details
|
MLS® Number
|
202600304 |
|
Property Type
|
Multi-family |
|
Community Name
|
Wilmot Valley |
|
Amenities Near By
|
Public Transit |
|
Community Features
|
School Bus |
|
Equipment Type
|
None |
|
Rental Equipment Type
|
None |
Building
|
Amenities
|
Laundry Facility |
|
Appliances
|
Oven, Dryer, Washer, Microwave |
|
Basement Type
|
Partial |
|
Exterior Finish
|
Vinyl |
|
Flooring Type
|
Other |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Radiant Heat |
|
Type
|
Apartment |
|
Utility Water
|
Drilled Well |
Parking
|
Parking Space(s)
|
|
|
Parking Space(s)
|
|
Land
|
Acreage
|
Yes |
|
Land Amenities
|
Public Transit |
|
Sewer
|
Septic System |
|
Size Irregular
|
1.5 |
|
Size Total
|
1.5 Ac|1 - 3 Acres |
|
Size Total Text
|
1.5 Ac|1 - 3 Acres |
|
Zoning Type
|
Multi-family |
https://www.realtor.ca/real-estate/29223613/645-blue-shank-road-wilmot-valley-wilmot-valley