Property Details
20-28 Miah Drive, Cornwall, Prince Edward Island, C0A1H3
$3,500,000 - For sale
Exceptional investment opportunity in a rapidly growing and sought-after Cornwall neighborhood! Nestled within this thriving locale are meticulously maintained 12 units, distributed across two separate well built contemporary buildings. These units produce positive cash flow and consistent full occupancy, complemented by an impressive tenant history. These turn-key units equipped with modern amenities including fridge, stove, microwave, dishwasher, washer, dryer, and heat pump ensuite, cater perfectly to prospective tenants' desires. The recent addition of solar panels enhances energy efficiency and contributes to low operating costs. Even more enticing, a qualified Buyer has the option to assume the existing mortgage at a preferred lower interest rate, with approximately 3 years left on the term. Ideal for astute investors looking to expand their portfolio, call today! Note: Listing agent is related to the seller. (id:2471)
Location DescriptionTrans Canada Highway #1 Cornwall, onto Mercedes Drive, onto Miah Drive.
- Property Address:20-28 Miah Drive, Cornwall, Prince Edward Island, C0A1H3
- Property Type:Multi-family
- Community Name:Cornwall
- Title:Freehold
- Lot Size:1 - 3 acres
- Acreage:1 - 3 acres
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Driveway:Parking Space(s)
- Structure Style:Apartment
- Heating Type:Electric, Solar, Wall Mounted Heat Pump, Radiant heat
- Flooring:Carpeted, Ceramic Tile, Laminate
- Basement Type:None
- Foundation Type:Concrete Slab
- Appliances Included:Stove, Dishwasher, Dryer, Washer, Microwave, Refrigerator, Intercom
- Rental Equipment:None
- Exterior Type:Vinyl
- Amenities Nearby:Park, Playground, Public Transit, Recreation, Shopping
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- Map 20-28 Miah Drive, Cornwall, Prince Edward Island, C0A1H3
- Neighbourhood Information
20-28 Miah Drive, Cornwall, Prince Edward Island, C0A1H3
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