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547 Main Street Montague, Prince Edward Island C0A 1R0

Baseboard Heaters, Furnace, Hot Water

$549,900

8 Unit Apartment Building fully tenanted on main street in Montague. 4 main floor apartments and 4 upstair apartments. On-site laundry. There are 6 - 2 bedroom 1 bathroom units and 2 - 1 bedroom 1 bathroom units. Oil furnace, water heater, oil tank, and chimney were replaced 4-5 years ago. New steel roof on a portion of the building. Insulation was upgraded to R30 in the walls, and R40 in the ceilings. Property is surveyed. This building was once used as commercial space on the main floor, but has been converted entirely into apartments. Additional storage at the back of the building. Located just a short walk to the Montague waterfront, grocery stores, banks, restaurants, and schools. Approx. Net income $35K a year. HST over and above the purchase price. Sold as is where is. (id:36938)

Property Details

MLS® Number 202117585
Property Type Multi-family
Community Name Montague
Amenities Near By Park, Playground, Recreation, Shopping, Marina
Community Features School Bus
Equipment Type None
Rental Equipment Type None
Structure Shed

Building

Amenities Laundry Facility
Appliances Stove, Dryer, Washer, Microwave Range Hood Combo, Refrigerator
Basement Type Crawl Space
Exterior Finish Vinyl
Flooring Type Laminate, Vinyl
Foundation Type Poured Concrete, Unknown, Concrete Slab
Heating Fuel Electric, Oil
Heating Type Baseboard Heaters, Furnace, Hot Water
Type Apartment
Utility Water Municipal Water

Parking

Parking Space(s)

Land

Acreage No
Land Amenities Park, Playground, Recreation, Shopping, Marina
Sewer Municipal Sewage System
Size Total Text Under 1/2 Acre
Zoning Type Multi-family

https://www.realtor.ca/real-estate/23420794/547-main-street-montague-montague

Royal LePage Prince Edward Realty
87 John Yeo Drive Unit 1
Charlottetown, Prince Edward Island C1E 3J3

(902) 628-6500
royallepagepei.ca