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245 Queen Street Charlottetown, Prince Edward Island C1A 4B9

Baseboard Heaters, Hot Water, Radiator

$999,000

Historic Charm Meets Investment Opportunity ? Welcome to 245 Queen Street! Step into the world of timeless elegance with this impressive brick six-unit apartment building situated Downtown Charlottetown. This property offers a rare blend of historical charm and modern appeal, This is an standout investment in the city's bustling real estate market. This apartment building is strategically located on one of Charlottetown's main streets, ensuring high visibility and easy access to the city?s vibrant urban life. While the building boasts a rich history, five out of six units have been thoughtfully upgraded to attractive modern standards, while tasteful historical influences are retained throughout the interior. This unique blend of old-world charm and contemporary comfort enhances the property?s overall appeal. The property offers four spacious 2-bedroom apartments and two generously sized 1-bedroom apartments. All units are currently leased to excellent tenants, providing a reliable cash flow and a strong income stream.The property has recently been appraised at $1.1 Million. This six-unit apartment building is not only a symbol of historical significance but also an excellent investment opportunity. With a blend of timeless character and modern appeal, this property is poised to attract tenants seeking a unique living experience in the heart of Charlottetown. Don't miss this chance to invest in a property with strong cash flow potential and a location that ensures high tenant demand. (id:1834)

Property Details

MLS® Number 202320630
Property Type Multi-family
Community Name Charlottetown
Amenities Near By Public Transit, Shopping
Equipment Type None
Rental Equipment Type None

Building

Appliances Stove, Dryer, Washer, Refrigerator
Basement Type Full
Flooring Type Carpeted, Hardwood, Laminate, Other
Foundation Type Stone
Heating Fuel Oil
Heating Type Baseboard Heaters, Hot Water, Radiator
Type Apartment
Utility Water Municipal Water

Parking

Parking Space(s)

Land

Acreage No
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Total Text Under 1/2 Acre
Zoning Type Multi-family

https://www.realtor.ca/real-estate/26114281/245-queen-street-charlottetown-charlottetown

Interested?

Contact us for more information


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Peter Mackenzie

(902) 313-2222

Royal LePage Prince Edward Realty
87 John Yeo Drive Unit 1
Charlottetown, Prince Edward Island C1E 3J3

(902) 628-6500
royallepagepei.ca/

Patrick Martens

(902) 218-2674

Exit Realty Pei
41 Macleod Crescent
Charlottetown, Prince Edward Island C1E 3K2

(902) 892-7653
(902) 892-0994
www.exitrealtypei.com/