14 Sunset Drive, Kensington, Prince Edward Island

$3,900,900

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1.38

Acres

About 14 Sunset Drive

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:6289)

Features of 14 Sunset Drive

Listing # 202623488
Price $3,900,900
Acres 1.38
Year Built 2014
Type Multi-family
Sub-Type Freehold

Community Information

Address 14 Sunset Drive
Subdivision Kensington
City Kensington
Province Prince Edward Island
Postal Code C0B1M0

Amenities

Amenities Air Conditioning
Parking Parking Space(s), Parking Space(s)
Garages Parking Space(s), Parking Space(s)
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Dryer - Electric, Range - Electric, Oven
Heating Baseboard heaters, Electric, Wall Mounted Heat Pump
Cooling Air Conditioned
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Vinyl
Lot Description 1.38
Foundation Concrete Slab

Additional Information

Zoning Multi-Family

Listing Details

OfficeROYAL LEPAGE COUNTRY ESTATES 1985 LTD

Listing Map

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