This 8-unit apartment building, located in the heart of Montague, PE, is a fantastic investment opportunity. The property features six large 2-bedroom units and two spacious 1-bedroom units. The balance of expenses versus income makes this a highly attractive investment. Conveniently situated within walking distance of numerous amenities, this building has recently undergone significant updates and renovations in several apartments, enhancing and protecting its value. With rental units in high demand and low vacancy rates, you can be confident that this investment will generate consistent cash flow, further strengthening your investment portfolio. Real estate is often considered one of the best investments one can make, and this is your chance to seize this opportunity and turn it into a profitable venture. Don't miss out on this exceptional chance to invest in a prime property! (id:47421)
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Detailed Information
Amenities Nearby
Park, Playground, Shopping, Marina
Equipment
None
Listing Contract Date
2024-07-12
Municipal ID
198424
Ownership Type
Freehold
Property Type
Multi-family
Rental Equipment
None
Transaction Type
For sale
Zoning
Multi-Family
Building
Appliances
Stove, Dryer, Washer, Refrigerator
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Exterior Finish
Vinyl
Flooring Type
Laminate, Other
Foundation Type
Poured Concrete
Heating Fuel
Oil
Heating Type
Baseboard heaters, Furnace, Hot Water
Stories Total
2
Type
Apartment
Utility Water
Municipal water
Land
Total Size
0.16 acres
Amenities
Park, Playground, Shopping, Marina
Sewer
Municipal sewage system
Size of Irregular Land
0.16
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