Excellent Investment Opportunity in Downtown Charlottetown! This well-maintained mixed-use building offers the perfect combination of commercial and residential income potential. The ground floor features a versatile commercial unit in a high-traffic area, ideal for retail or office space. The second level includes four residential apartments: one spacious 2-bedroom unit and three 1-bedroom units, all designed for comfortable urban living. Centrally located near Holland College and within walking distance to all of Charlottetown's amenities, this property is perfectly positioned for strong rental demand. The building was completely renovated in 2016, ensuring modern finishes and efficient systems throughout. Heating and cooling are provided by cost-effective electric systems for added convenience. With downtown mixed-use zoning, this property presents endless possibilities for both investors and business owners alike. (id:374)
| MLS # | 202608517 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1929 |
| Days On Site | 192 |
| Listing Provided By | RE/MAX CHARLOTTETOWN REALTY | Kris Fournier |
| Basement | Y |
|---|---|
| Story(s) | 3 |
| Zoning | Multi-Family |
| Acreage | 0.08 |
| Heating | Electric, Wall Mounted Heat Pump |
|---|---|
| Appliances | Refrigerator, Stove |
| Fireplace Yes / No | No |
| Foundation Details | Poured Concrete |
|---|
| Parking Features | None |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 5551.17 |
|---|---|
| Tax Year | 2026 |
| Province | PE |
|---|---|
| City | Charlottetown |
| Postal Code | C1A1L5 |
| Listing VS Median (in C1A1L5) | |
Price: $1,599,000 low | high Med: $0 On site: 192 low | high Med: | |
| Province | PE |
|---|---|
| City | Charlottetown |
| Postal Code | C1A1L5 |
| Listing VS Median (in C1A1L5) | |
Price: $1,599,000 low | high Med: $0 On site: 192 low | high Med: | |