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$ 3,820,800

4,5,6,7,9 Royal, Charlottetown, PE, C1A 8M7

Listing ID# 201624036
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$ 3,820,800

  • 4,5,6,7,9 Royal
    Charlottetown, PE C1A 8M7
  • Listing ID 201624036
  • Building Type: Over 12 Units
  • Land Size: 1.27 ACRES
  • Status: For Sale/Active
  • Days on Market: 352
  • Age of Building: 1980
  • Basements: Other
  • Drive: Circular,Double,Paved
  • Heating: Baseboard,Hot Water,Radiator

Property Description

The Royal Court Multiplex with adjoining single family bungalow (435 Queen) is centrally located and averages a 96% occupancy rate per month. The smaller building, Civic 4 and 6, is to the left of the driveway and comes with 8 Units; the larger building on the right, Civic 5, 7 and 9, houses 41 Units. There are 24 one-bedroom, 20 two-bedroom and 6 three-bedroom for a total of 50 rental Units. All but 2 rental Units have hard surface flooring. Units have been updated, as needed, with new flooring, counter tops, fixtures, paint and appliances. Coin laundry on-site. New commercial-grade 6 ft. chain link fencing 2016. Newly paved driveway and parking lot 2013. New oil tanks 2016. New boilers (3) 2014. (Note: One of the Vendors is the Listing Agent).



Listing courtesy of BLUEFIELD REALTY