73 Euston Street Charlottetown, Prince Edward Island C1A 1W1
$1,989,000
Welcome to 73 Euston Street, a rare multi-unit investment opportunity located in the centre of downtown Charlottetown. Situated on 0.258 acres, this solid brick construction building has been well cared for over its 50 years and offers incredible potential for value-add investors. Spanning 7,200 sq. ft., the property consists of 15 apartment units: 7 bachelor units 5 one-bedroom units 3 two-bedroom units Each of the 12 above-grade units features its own 3'6" x 8' private patio, adding desirable outdoor space for tenants. The basement level includes 3 units, a coin-operated laundry room, and individual storage lockers for each unit. The building includes a paved parking lot, offering one parking space per unit, an excellent amenity in the downtown core. Five units are currently vacant and require upgrades, creating outstanding upside for an investor looking to renovate and increase rental income. With the strong demand for downtown housing, this property presents a prime opportunity to reposition and elevate the asset. Additional features include an NTI Oil-Fired Boiler, only 7 years old, providing efficient heat to the building. Whether you?re expanding your portfolio or entering the multi-unit market, 73 Euston Street delivers location, structure, and significant value-add potential. (id:56351)
Property Details
| MLS® Number | 202528372 |
| Property Type | Multi-family |
| Neigbourhood | Downtown |
| Community Name | Charlottetown |
| Amenities Near By | Park, Playground, Public Transit, Recreation, Shopping, Marina |
| Community Features | School Bus |
| Equipment Type | None |
| Features | Balcony |
| Rental Equipment Type | None |
Building
| Appliances | Stove, Refrigerator |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1975 |
| Exterior Finish | Wood Shingles |
| Flooring Type | Concrete, Laminate, Tile, Vinyl |
| Foundation Type | Poured Concrete |
| Heating Fuel | Oil |
| Heating Type | Furnace |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) | |
| Parking Space(s) |
Land
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit, Recreation, Shopping, Marina |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.25 |
| Size Total | 0.25 Ac|under 1/2 Acre |
| Size Total Text | 0.25 Ac|under 1/2 Acre |
| Zoning Type | Multi-family |
https://www.realtor.ca/real-estate/29125895/73-euston-street-charlottetown-charlottetown
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November 21 2025 06:10:32
Prince Edward Island Real Estate Association
Provincial Realty