An incredible opportunity awaits with this well-maintained four-unit property located on Mont Carmel Road in the heart of Wellington, Prince Edward Island. Offering the perfect combination of homeownership and investment potential, you can live comfortably in one unit while generating rental income from the other three. A smart way to offset your mortgage while building long-term wealth. Each of the four units features a functional 2-bedroom, 1-bathroom layout, complete with its own heated single-car garage and paved driveway, providing comfort, convenience, and privacy for both owners and tenants. These thoughtfully designed units offer low-maintenance living and strong rental appeal, making this an excellent addition to any investment portfolio. Ideally situated within walking distance of Wellington's many conveniences, you'll enjoy easy access to the Co-op grocery store, Credit Union, Access PEI, PEI Liquor, Esso, and the scenic Confederation Trail. Just a 5-minute drive away, Abram Village offers even more community amenities, including the recreation center/hockey arena, and a fully equipped fitness center. And only a 20-minute drive to your nearest city of Summerside. Whether you're looking to expand your investment portfolio, live in one unit while the others help pay your mortgage, or add a quality income-producing property to your holdings, opportunities like this are rare. Combining excellent cash-flow potential with an unbeatable location and desirable unit features, this fourplex is an exceptional opportunity you won't want to miss. (id:4069)
Address
23, 25, 27, 29 Mont Carmel Road
List Price
$795,000
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Wellington
Lot Size
0.96 Ac.
Year Built
2011
MLS® Number
202618795
Listing Brokerage
ELITE REAL ESTATE ADVISORS INC.
Basement Area
None
Postal Code
C0B2E0
Ownership
Freehold
Site Influences
Park, Recreation
Community Features
School Bus
Appliances
Range - Electric, Dishwasher, Washer/Dryer Combo, Microwave, Refrigerator
Amenities
Laundry Facility
Heat Source
Electric
Heat Type
Wall Mounted Heat Pump, In Floor Heating
Foundation Details
Poured Concrete, Concrete Slab
Other Structures
Patio(s)
Number Of Floors In Building
1
Water Source
Shared Well, Well
Sewer
Municipal sewage system
