14 Sunset Drive, Kensington, Prince Edward Island C0B 1M0

Listed for:
$3,900,900
0 beds
0 baths
Listed 14 days ago
Apartment for rent: 14 Sunset Drive, Kensington, Prince Edward Island C0B 1M0

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About

Sunset Drive off Route 2 Kensington Outstanding 16-Unit Investment Opportunity ? Kensington, PEI A rare opportunity for investors and business owners to acquire a well-maintained, income-producing 16-unit property in wonderful Kensington, Prince Edward Island. Opportunities like this don?t come along often! This impressive investment consists of 16 spacious 2-bedroom units, made up of two 6-unit apartment buildings plus an adjacent 4-unit building. The property has been meticulously cared for by its original owner since day one and is only 12 years young. With a 2-year waiting list, demand for these units is exceptionally strong, providing an attractive opportunity for an investor looking for stable, long-term income. Property Highlights:16 total 2-bedroom units, Two 6-unit apartment buildings plus an adjacent 4-unit building, Only 12 years old, Extremely well maintained by the original owner, Approximately $250,000 per door or less ? an exceptional value 2-year waiting list demonstrating strong rental demand, Every unit has its own heat pump, Electric heat ? no oil, Very good soundproofing, Each unit includes a large 15' × 24' attached garage, Additional garage/storage space, Desirable location in Kensington, PEI, Strong potential for long-term income and future appreciation. This is an excellent opportunity to add a quality income-producing asset to your portfolio or build an outstanding retirement investment package. Well-maintained properties, strong tenant demand, individual heating systems and attached garages make this a very attractive investment opportunity. Opportunities of this size and quality are rare ? don?t miss your chance to take a closer look. Contact us today for additional information and financial details. (id:27476)

Property Highlights

MLS® Number
202623488
Type
Multi-family
Community Name
Kensington
Ownership Type
Freehold
Land Size
1.3800|1 - 3 acres

Building

Building Type
Apartment
Amenities
Air Conditioning
Exterior Finish
Vinyl
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Baseboard heaters, Wall Mounted Heat Pump
Heating Fuel
Electric
Building Cooling Type
Air Conditioned

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
MLS® number:
202623488
Agent:
Roger Wells
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