14 Sunset Drive, Kensington, Prince Edward Island C0B1M0

Listing courtesy of ROYAL LEPAGE COUNTRY ESTATES 1985 LTD.

$3,900,900

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List Price
$3,900,900
MLS®
202623488
Days on Market
3
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
1.38
Lot Size
1
Subdivision
Kensington

Property Description

Outstanding 16-Unit Investment Opportunity ? Kensington, PEI A rare opportunity for investors and business owners to acquire a well-maintained, income-producing 16-unit property in wonderful Kensington, Prince Edward Island. Opportunities like this don?t come along often! This impressive investment consists of 16 spacious 2-bedroom units, made up of two 6-unit apartment buildings plus an adjacent 4-unit building. The property has been meticulously cared for by its original owner since day one and is only 12 years young. With a 2-year waiting list, demand for these units is exceptionally strong, providing an attractive opportunity for an investor looking for stable, long-term income. Property Highlights:16 total 2-bedroom units, Two 6-unit apartment buildings plus an adjacent 4-unit building, Only 12 years old, Extremely well maintained by the original owner, Approximately $250,000 per door or less ? an exceptional value 2-year waiting list demonstrating strong rental demand, Every unit has its own heat pump, Electric heat ? no oil, Very good soundproofing, Each unit includes a large 15' × 24' attached garage, Additional garage/storage space, Desirable location in Kensington, PEI, Strong potential for long-term income and future appreciation. This is an excellent opportunity to add a quality income-producing asset to your portfolio or build an outstanding retirement investment package. Well-maintained properties, strong tenant demand, individual heating systems and attached garages make this a very attractive investment opportunity. Opportunities of this size and quality are rare ? don?t miss your chance to take a closer look. Contact us today for additional information and financial details. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Kensington
Zoning
Multi-Family
Cooling
Air Conditioned
Country
Canada
Flooring
Laminate, Engineered hardwood, Vinyl
Sewer
Municipal sewage system
Heating
Baseboard heaters, Electric, Wall Mounted Heat Pump
Lot Size
1

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