Baseboard Heaters, Furnace, Hot Water
$465,000
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, Vernon Bridge, 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 and indirect hot water tank for maximum heating efficiency. 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:40976)
Property Details
|
MLS® Number
|
202612941 |
|
Property Type
|
Multi-family |
|
Community Name
|
Orwell Cove |
|
Community Features
|
School Bus |
|
Equipment Type
|
None |
|
Rental Equipment Type
|
None |
Building
|
Appliances
|
Range - Electric, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Exterior Finish
|
Vinyl |
|
Flooring Type
|
Carpeted, Laminate |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Oil |
|
Heating Type
|
Baseboard Heaters, Furnace, Hot Water |
|
Type
|
Fourplex |
|
Utility Water
|
Ground-level Well |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Septic System |
|
Size Irregular
|
0.50 |
|
Size Total
|
0.5000|1/2 - 1 Acre |
|
Size Total Text
|
0.5000|1/2 - 1 Acre |
|
Zoning Type
|
Multi-family |
https://www.realtor.ca/real-estate/29839235/6067-route-1-tch-orwell-cove-orwell-cove