11 Elena Court
Charlottetown, Prince Edward Island
MLS® 202621148
$1,730,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 202621148
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2007
1 / 23Listing description
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.
Property summary
- MLS® number
- 202621148
- Property type
- Multi-family
- Building type
- Apartment
- Title
- Freehold
- Land size
- 0.7 acres
- Built in
- 2007
- Annual property taxes
- $32,108.00
- Parking
- Parking Space(s), Parking Space(s)
- Days on market
- 27 days
Features & details
- Heating
- Baseboard heaters, Oil
- Basement
- None
- Flooring
- Laminate, Other, Ceramic Tile
- Appliances
- Washer, Dryer - Electric, Refrigerator, Oven - Electric, Dishwasher, Stove
- Exterior features
- Vinyl
- Lot features
- Balcony
- Community features
- School Bus
What would this home cost you?
Based on the $1,730,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE PRINCE EDWARD 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.