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547 Main Street Montague, Prince Edward Island C0A 1R0

Baseboard Heaters, Furnace, Hot Water

$695,000

This 8-unit apartment building, located in the heart of Montague, PE, is a fantastic investment opportunity. The property features six large 2-bedroom units and two spacious 1-bedroom units. The balance of expenses versus income makes this a highly attractive investment. Conveniently situated within walking distance of numerous amenities, this building has recently undergone significant updates and renovations in several apartments, enhancing and protecting its value. With rental units in high demand and low vacancy rates, you can be confident that this investment will generate consistent cash flow, further strengthening your investment portfolio. Real estate is often considered one of the best investments one can make, and this is your chance to seize this opportunity and turn it into a profitable venture. Don't miss out on this exceptional chance to invest in a prime property! (id:56351)

Property Details

MLS® Number 202416667
Property Type Multi-family
Community Name Montague
AmenitiesNearBy Park, Playground, Shopping, Marina
EquipmentType None
RentalEquipmentType None

Building

Appliances Stove, Dryer, Washer, Refrigerator
BasementDevelopment Unfinished
BasementType Full (unfinished)
ExteriorFinish Vinyl
FlooringType Laminate, Other
FoundationType Poured Concrete
HeatingFuel Oil
HeatingType Baseboard Heaters, Furnace, Hot Water
StoriesTotal 2
Type Apartment
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Park, Playground, Shopping, Marina
Sewer Municipal Sewage System
SizeIrregular 0.16
SizeTotal 0.16 Ac|under 1/2 Acre
SizeTotalText 0.16 Ac|under 1/2 Acre
ZoningType Multi-family

https://www.realtor.ca/real-estate/27165301/547-main-street-montague-montague

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