Address
14 Sunset Drive, Kensington, PE
Price
$ 3,900,900
Property Attributes
  • ID#202623488
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityKensington
  • CityKensington
  • AreaPrince Edward Island Real Estate Association
  • Postal CodeC0B 1M0
  • Stylensar_table_type_3_16
  • Year Built2014
  • Taxes$ 23974
  • Price$ 3,900,900
  • Bedrooms{}
  • Bathrooms0
  • Half Bathrooms0
Data Source:
RLP - CREA EN
Property Description

Outstanding 16-Unit Investment Opportunity – Kensington, PEI A rare opportunity for investors and business owners to acquire a well-maintained, income-producing 16-unit property in wonderful Kensington, Prince Edward Island. Opportunities like this don’t come along often! This impressive investment consists of 16 spacious 2-bedroom units, made up of two 6-unit apartment buildings plus an adjacent 4-unit building. The property has been meticulously cared for by its original owner since day one and is only 12 years young. With a 2-year waiting list, demand for these units is exceptionally strong, providing an attractive opportunity for an investor looking for stable, long-term income. Property Highlights:16 total 2-bedroom units, Two 6-unit apartment buildings plus an adjacent 4-unit building, Only 12 years old, Extremely well maintained by the original owner, Approximately $250,000 per door or less – an exceptional value 2-year waiting list demonstrating strong rental demand, Every unit has its own heat pump, Electric heat – no oil, Very good soundproofing, Each unit includes a large 15' × 24' attached garage, Additional garage/storage space, Desirable location in Kensington, PEI, Strong potential for long-term income and future appreciation. This is an excellent opportunity to add a quality income-producing asset to your portfolio or build an outstanding retirement investment package. Well-maintained properties, strong tenant demand, individual heating systems and attached garages make this a very attractive investment opportunity. Opportunities of this size and quality are rare – don’t miss your chance to take a closer look. Contact us today for additional information and financial details.

General Features

Terms SALE
Property Sub Type 16
jumpId 29220590
Property Subtype French nsar_table_type_3_16
Listing Type French House
MLS 202623488

Interior Features

Bedrooms {}

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in C0B 1M0

Price
AVG $730K
$3.9M
Year Built
AVG 1948
2014