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547 Main Street Montague, Prince Edward Island C0A 1R0

7080

$549,900

8 Unit Apartment Building fully tenanted on main street in Montague. 4 main floor apartments and 4 upstair apartments. On-site laundry. There are 6 - 2 bedroom 1 bathroom units and 2 - 1 bedroom 1 bathroom units. Oil furnace, water heater, oil tank, and chimney were replaced 4-5 years ago. New steel roof on a portion of the building. Insulation was upgraded to R30 in the walls, and R40 in the ceilings. Property is surveyed. This building was once used as commercial space on the main floor, but has been converted entirely into apartments. Additional storage at the back of the building. Located just a short walk to the Montague waterfront, grocery stores, banks, restaurants, and schools. Approx. Net income $35K a year. HST over and above the purchase price. Sold as is where is. (id:34223)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number 202117584
Property Type Other
Community Name Montague

Building

Fireplace Present No
Flooring Type Other
Size Interior 7080
Total Finished Area 7080 Sqft
Utility Water Municipal Water

Parking

Parking Space(s)

Land

Acreage No
Size Irregular 0.16 Acres
Size Total Text 0.16 Acres|under 1/2 Acre
Zoning Description Commercial

https://www.realtor.ca/real-estate/23420796/547-main-street-montague-montague

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