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245 Queen Street
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245 Queen Street $949,900
$949,900
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245 Queen Street
Charlottetown, Prince Edward Island C1A4B9

MLS® Number: 202417203

Listing Description

In the heart of downtown Charlottetown, this 6 unit investment property would make a great addition to an investor?s portfolio. Complete with two 1-bedroom units, three 2-bedroom units, and one 3-bedroom units, this cash-flow positive property offers a multitude of possibilities. Three of the units are currently vacant and have just received a number of updates and renovations including: refinished hardwood floors, freshly painted walls and trim, new kitchen in unit 3, and the list goes on. Complete list of renovations and updates included in the listing documents. Other potential opportunities include: Zoned ?Downtown Neighbourhood? also means that a change-of-use could be applied for and the entire second floor could be re-utilized as office space, and, with 3 vacant units, work could be undertaken by the buyer to complete a condo conversion. Additional points of interest for this property include 7 off-street parking spots on a double lot with large, green space on the southern side of the building. Financial statement available with a signed NDA. Don?t miss out on this chance to invest is historic downtown Charlottetown. (229605509)

Property Summary

Property Type
Multi-family
Building Type
Apartment
Storeys
3
Community Name
Charlottetown
Title
Freehold
Land Size
0.1600|under 1/2 acre
Parking Type
Gravel, Parking Space(s), Shared
Time on REALTOR.ca
119 days

Building

Interior Features
Appliances Included
Range - Electric, Dryer, Washer, Refrigerator
Flooring
Hardwood, Vinyl
Basement Type
Full (Unfinished)
Building Features
Foundation Type
None
Building Amenities
Laundry Facility
Rental Equipment
None
Heating & Cooling
Heating Type
Furnace, Radiator, (Oil)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Park, Playground, Public Transit, Shopping
Parking
Parking Type
Gravel, Parking Space(s), Shared

Land

Other Property Information
Zoning Type
Multi-Family
Data provided by: Prince Edward Island Real Estate Association Unit L100 - 3 Lower Malpeque Road, Charlottetown, Prince Edward Island C1E 1R4
902-978-2307
Email
Book showing
EAST COAST REALTY
116 Main Street
PO Box 772
Souris, Prince Edward Island C0A2B0
902-687-3229
Office Website
902-213-1016
Email
Book showing
EAST COAST REALTY
116 Main Street
PO Box 772
Souris, Prince Edward Island C0A2B0
902-687-3229
Office Website

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