14 Sunset Drive,Kensington, PE C0B1M0
Kensington, PE C0B1M0
Description
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:374)
Details
| MLS # | 202623488 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 2014 |
| Days On Site | 36 |
| Listing Provided By | ROYAL LEPAGE COUNTRY ESTATES 1985 LTD | Roger Wells |
Features
| Zoning | Multi-Family |
|---|---|
| Acreage | 1.38 |
Interior
| Cooling | Air Conditioned |
|---|---|
| Heating | Baseboard heaters, Electric, Wall Mounted Heat Pump |
| Appliances | Washer, Dryer - Electric, Range - Electric, Oven |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Concrete Slab |
|---|
Parking
| Parking Features | Parking Space(s), Parking Space(s) |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 23974 |
|---|---|
| Tax Year | 2026 |
Area Information
| Province | PE |
|---|---|
| City | Kensington |
| Postal Code | C0B1M0 |
| Listing VS Median (in C0B1M0) | |
Price: $3,900,900 low | high Med: $449,999 On site: 36 low | high Med: 102 | |
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Learn More About This Property
| Province | PE |
|---|---|
| City | Kensington |
| Postal Code | C0B1M0 |
| Listing VS Median (in C0B1M0) | |
Price: $3,900,900 low | high Med: $449,999 On site: 36 low | high Med: 102 | |