Skip to content
Renanza Realty
For sale

6067 Route 1, TCh

Orwell Cove, Prince Edward Island

MLS® 202617388

$465,000

Status
Active
Property type
Multi-family
MLS® number
202617388
Bedrooms
Bathrooms
Year built

Listing description

Updated 4-Plex Midway Between Charlottetown & Montague. Attention investors, multi-generational families, and savvy house-hackers. This is your chance to own a performing, multi-family property perfectly situated at 6067 Route 1, Orwell Cove, PEI.

Ideally located right in the sweet spot midway between Charlottetown and Montague, this 4-plex offers the ultimate combination of immediate cash flow, major capital upgrades, and low vacancy risk. Features two spacious 2-bedroom main floor units and two cozy 1-bedroom 2nd floor units, perfectly matching local rental market demands. Enjoy total peace of mind with a brand-new oil tank.

Outfitted with new windows throughout, 4 upgraded bathrooms, and a new deck/steps lowering utility bills and keeping tenants comfortable year-round. Situated directly on the southern coast corridor, offering effortless commutes to both Charlottetown and Montague. Potential to live in one unit while the remaining three units pay down your mortgage and cover your expenses.

All measurements approximate. 24-hour minimum notice, please.

Property summary

MLS® number
202617388
Property type
Multi-family
Building type
Fourplex
Title
Freehold
Land size
0.5
Annual property taxes
$2,083.00
Parking
Parking Space(s)
Days on market
47 days

Features & details

Heating
Baseboard heaters, Oil, Hot Water, Furnace
Basement
Unfinished, Full
Flooring
Laminate, Carpeted
Appliances
Refrigerator, Range - Electric
Exterior features
Vinyl
Community features
School Bus

What would this home cost you?

Based on the $465,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,164 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of PROVINCIAL REALTY, CHARLOTTETOWN.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

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 identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

6067 Route 1, TCh, Orwell Cove, Prince Edward Island — For Sale | Renanza