Property Details

155 Cumberland Street, Charlottetown, Prince Edward Island, C1A5C3

155 Cumberland Street, Charlottetown, Prince Edward Island, C1A5C3 (ID 202208651)
Representative
Kevin J. Gallant portrait
Kevin J. Gallant
Sales Representative
RE/MAX Harbourside Realty Ltd.
Cell: 902-432-4966
Tel: 902-888-3600

$1,935,000 - For sale

ID#:202208651

A rare find in the Downtown Charlottetown core! 5.5% Investors cap rate and turn-key easy to manage (great tenants, rents and maintained building) Welcome to 155 Cumberland St, a 10-Unit apartment building tucked away on a private mature lot offering ample paved parking for all tenants. Walk to Holland College (a block away), the waterfront harbour front, and all downtown shops, restaurants and businesses. Well maintained and managed building with excellent clean tenants and always fully rented. The apartment building offers spacious 5x - 2 bedroom apartments and 5x -1 bedroom apartments. The top floor "Penthouse Suite" is approx. 1,500 sq. ft. with 2 bedrooms & 2 baths + laundry room, nice patio deck and mudroom entry. The buildings exterior is hardy plank with asphalt roof and many updates in the units over the few years. The building offers a coin operated laundry room, multiple large storage units in the lower level of the building for additional income. There is also great income potential to develop 2 additional "micro suite" apartments in the lower level of the building to be a total of 12 units. Apartment buildings like this only 19 years old, with concrete over pour on each floor for privacy in the heart of downtown don't come for sale often! Call for your personal viewing and for the financials and updates today. 48-hour notice to view and proof of ability to obtain financing is required. All measurements are approximate and should be verified, if deemed important. (id:2471)

Virtual Tour
Property Details
  • Property Address:155 Cumberland Street, Charlottetown, Prince Edward Island, C1A5C3
  • Property Type:Multi-family
  • Community Name:Charlottetown
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Driveway:Parking Space(s), Parking Space(s)
Structure Details for 155 Cumberland Street, Charlottetown, Prince Edward Island, C1A5C3
  • Structure Style:Apartment
  • Building Age:2003
  • Heating Type:Oil, In Floor Heating
  • Flooring:Carpeted, Concrete, Laminate, Tile
  • Foundation Type:Poured Concrete
  • Appliances Included:Stove, Dryer, Washer, Refrigerator, Intercom
  • Rental Equipment:None
  • Exterior Type:Vinyl
Amenities for 155 Cumberland Street, Charlottetown, Prince Edward Island, C1A5C3 Balcony, School Bus
  • Amenities Nearby:Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Marina
Representative
Kevin J. Gallant portrait
Kevin J. Gallant
Sales Representative
RE/MAX Harbourside Realty Ltd.
Cell: 902-432-4966
Tel: 902-888-3600
Request Information
Mortgage Calculator Inputs
Mortgage Calculator Results
Note: All calculations for informational purposes only, and should be verified.
Get Pre-Approved

Listing Office: RE/MAX CHARLOTTETOWN REALTY

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.


Loading...

155 Cumberland Street, Charlottetown, Prince Edward Island, C1A5C3

* not intended to solicit those currently under contract. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
By using our site, you agree to our Terms of Use
Translate ยป