High-Performing 12-Unit Investment Opportunity in Cornwall! Positioned in one of Cornwall?s fastest-growing rental markets, this 12-unit, two-building property offers a compelling opportunity for investors seeking stable cash flow and long-term income growth. The asset is comprised of ten 2-bedroom units and two 1-bedroom units, a highly desirable unit mix that consistently attracts quality tenants. With a proven track record of full occupancy and reliable income, this property delivers immediate returns with minimal operational lift. Each unit is fully equipped with modern, tenant-focused features, including in-suite laundry, heat pumps, and complete appliance packages (fridge, stove, microwave, dishwasher, washer, and dryer) supporting strong rental demand and tenant retention. Significant recent upgrades include the addition of solar panels, improving overall efficiency and contributing to reduced operating expenses and stronger net income performance. This is a turn-key, professionally maintained asset ideal for investors looking to scale their portfolio with a low-vacancy, income-generating property in a high-demand location. (id:4069)
Address
20-28 Miah Drive
List Price
$3,000,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Cornwall
Lot Size
1.37 Ac.
MLS® Number
202605340
Listing Brokerage
ROYAL LEPAGE PRINCE EDWARD REALTY
Basement Area
None
Postal Code
C0A1H3
Site Influences
Park, Playground, Public Transit, Recreation, Shopping
Features
Balcony
Amenities
Cable TV
