821 PE-25 Route, York

$1,600,000

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About this property

Exceptional investment opportunity just 10 minutes from Charlottetown! This well-maintained fourplex is situated on a spacious 2.1-acre lot, offering the perfect combination of steady rental income, privacy, and future potential. Featuring four residential units, this property is an ideal addition to any investment portfolio. Investors will appreciate the strong income-generating potential, while owner-occupants can live in one unit and offset their mortgage by renting the remaining three. Located in a peaceful setting with easy access to Charlottetown's amenities, shopping, schools, and employment centers, this property offers the best of both worlds?country living with city convenience. The generous acreage provides ample outdoor space and potential for future improvements, subject to applicable approvals. In addition to long-term rental income, the property's location near Charlottetown, Brackley Beach, and other popular North Shore attractions makes it an excellent candidate for short-term rental or Airbnb opportunities, subject to municipal regulations and approvals. Whether you're an experienced investor seeking a cash-flowing asset or a buyer looking for a smart house-hacking opportunity, this fourplex offers outstanding value and long-term potential in a highly desirable area. (id:66939)

Property details

Price
$1,600,000
Lot size
2.1
Year built
2021
Property type
Multi-family
Basement
None
MLS® number
202614689

Location

Map showing the location of 821 PE-25 Route, York

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Listing courtesy of POWERHOUSE REALTY PEI INC. Source board: Prince Edward Island Real Estate Association.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.