Updated 4-Plex Midway Between Charlottetown & Montague. Attention investors, multi-generational families, and savvy house-hackers. This is your chance to own a performing, multi-family property perfectly situated at 6067 Route 1, Orwell Cove, PEI. Ideally located right in the sweet spot midway between Charlottetown and Montague, this 4-plex offers the ultimate combination of immediate cash flow, major capital upgrades, and low vacancy risk. Features two spacious 2-bedroom main floor units and two cozy 1-bedroom 2nd floor units, perfectly matching local rental market demands. Enjoy total peace of mind with a brand-new oil tank. Outfitted with new windows throughout, 4 upgraded bathrooms, and a new deck/steps lowering utility bills and keeping tenants comfortable year-round. Situated directly on the southern coast corridor, offering effortless commutes to both Charlottetown and Montague. Potential to live in one unit while the remaining three units pay down your mortgage and cover your expenses. All measurements approximate. 24-hour minimum notice, please. (id:4069)
Address
6067 Route 1|TCh
List Price
$465,000
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Orwell Cove
Lot Size
0.50 Sq. Ft.
MLS® Number
202623173
Listing Brokerage
PROVINCIAL REALTY
Basement Area
Full (Unfinished)
Postal Code
C0A2E0
Ownership
Freehold
Community Features
School Bus
Appliances
Range - Electric, Refrigerator
Heat Source
Oil
Heat Type
Baseboard heaters, Furnace, Hot Water
Foundation Details
Poured Concrete
Water Source
Ground-level well
Sewer
Septic System
