163 - 165 Nassau Street E Charlottetown, Prince Edward Island C1A 2X3
$925,000
Located in the heart of Charlottetown, this well maintained 6 unit apartment building presents an exceptional investment opportunity. With a prime location in one of the city's most sought after neighborhoods, this property is perfectly positioned to offer strong rental demand and long term value. The building consists of two spacious three bedroom apartments, and four well sized two bedroom apartments, catering to a range of potential tenants. Whether your looking to attract young professionals, small families, or long term renters, these units are ideal for those seeking comfort and convenience in the heart of the city. In addition to the well sized apartments, the building offers a private parking lot, providing convenient, off street parking for all tenants. This feature adds significant value and enhances the property's appeal particularly in a downtown setting where parking can be limited. As an investment, this property offers numerous advantages: a desirable location with proximity to shops, restaurants, and public transportation, strong rental demand due to Charlottetown's growing population, and a well maintained structure that requires minimal upkeep. This 6 unit apartment building is an outstanding opportunity for investors looking to capitalize on Charlottetown's thriving rental market. Whether you're a seasoned investor or looking to get started, this property is a solid choice that promises steady income and long term growth potential. Ian Walker, the listing realtor, is a shareholder in the company that owns this property. (id:56351)
Property Details
| MLS® Number | 202509755 |
| Property Type | Multi-family |
| Neigbourhood | Spring Park |
| Community Name | Charlottetown |
| Amenities Near By | Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Marina |
| Community Features | School Bus |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Amenities | Cable Tv, Laundry Facility |
| Appliances | Range - Electric, Dishwasher, Dryer - Electric, Washer, Washer/dryer Combo, Intercom, Microwave Range Hood Combo, Refrigerator |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1955 |
| Exterior Finish | Vinyl |
| Flooring Type | Carpeted, Hardwood, Laminate, Linoleum |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric, Oil |
| Heating Type | Baseboard Heaters, Furnace, Hot Water |
| Stories Total | 2 |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) | |
| Parking Space(s) | |
| Shared |
Land
| Acreage | No |
| Land Amenities | Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Marina |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.3 |
| Size Total | 0.3 Ac|under 1/2 Acre |
| Size Total Text | 0.3 Ac|under 1/2 Acre |
| Zoning Type | Multi-family |
https://www.realtor.ca/real-estate/28257810/163-165-nassau-street-e-charlottetown-charlottetown
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May 05 2025 01:38:49
Prince Edward Island Real Estate Association
Elite Real Estate Advisors Inc.