11 Elena Court, Charlottetown

About this property

This well-maintained 12-unit residential apartment building presents an exceptional turn-key investment opportunity in the highly sought-after community of East Royalty. Built 19 years ago, the property features a strong unit mix consisting of 11 two-bedroom suites (approximately 930 Sq/Ft each.) and one well designed one-bedroom suite. Appealing to a wide range of long-term tenants. Each suite is thoughtfully designed with its own personal balcony, offering tenants outdoor private space, and scenic surrounding views. The building provides key operational efficiencies and resident amenities. Including two sets of coin-operated laundry facilities that generate steady secondary income stream, as well as a large, fully parking lot with ample space for tenants and visitors. Situated in a prime, high demand location, the property offers unbeatable proximity to top-rated schools, retail shopping hubs, public parks, public transit routes. With its combination of strong historical occupancy, consistent rental yields, this asset represents a compelling addition to any Real Estate portfolio. (id:66939)