$799,000 FOR SALE

Multiplex

6948 Rustico
North Rustico, PE C0A 1N0

Excellent income opportunity - year round or seasonal rentals! This 6 unit, fully furnished property currently operating as a seasonal business consists of 1 - 4BR winterized house, 2 duplex units; each with a 1BR and a 2BR unit and a standalone 3BR chalet. Continue to operate seasonally, with PEI's lucrative tourism based short term rental market, or, decide to rent as long term rentals. The main house has a newly installed propane forced air furnace, new water heater with other recent updates including: roof, 200 amp panel and 5' deep, heated in-ground pool. The other units are also insulated and heated and would only require some skirting insulation and minor additions to be winter ready! Fantastic opportunity to live in the heart of PEI's North Shore Communitiy while earning an income at the same time! (id:47423)

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Listed By NORTHERN LIGHTS REALTY LTD.
Data Provided By Prince Edward Island Real Estate Association
MLS® Listing Number 202319011
Last Updated Sep 03, 2024
Property Summary
Property Type Multiplex

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Community North Rustico
Price History
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Detailed Information
Equipment Other
Listing Contract Date 2023-09-05
Municipal ID 641449
Ownership Type Freehold
Property Type Multi-family
Rental Equipment Other
Transaction Type For sale
Views View of water
Zoning Multi-Family
Building
Appliances Oven, Dryer, Washer, Microwave, Refrigerator
Exterior Finish Wood siding
Flooring Type Ceramic Tile, Laminate, Linoleum
Foundation Type Poured Concrete, Unknown
Heating Fuel Electric, Oil, Propane
Heating Type Baseboard heaters, Forced air, Furnace, Hot Water, Radiant heat
Type Apartment
Utility Water Drilled Well
Parking Spaces
Name Spaces
Parking Space(s)
Parking Space(s)
Land
Total Size 1.26 acres
Acreage Yes
Sewer Septic System
Size of Irregular Land 1.26

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