This is a R4 zoned multi purpose heritage property in the heart of Charlottetown, across from the fire department.The property is made up of several buildings and contains 7 apartments and presently 8 commercial suites and one restaurant.This property shows great numbers with a cap rate of 8.25%. Financials are available at LBO office, purchaser must sign a confidentiality and non disclosure agreement.Because there are both multi and commercial units 38% will be subject to HST.Any and all measurements are approximate and size of the property is from the PEI tax records. Please note all showings will require 24 hrs notice and the commercial suites can only be shown after hrs.Heating for the property is from the PEI Energy system. Presently there are two parties excluded. (18331899)
property on the south side of kent before queen st
Land Size
0.17|under 1 acre
Annual Property Taxes
$11,291 (CAD)
Time on REALTOR.ca
3208 days
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