Conveniently situated in the heart of North Rustico, this well-maintained 6-unit apartment building offers a range of amenities nearby, including a park, playground, public transit, recreation facilities, shopping options, and a marina. The property boasts a freehold ownership type, ensuring flexibility and autonomy for the owner.
Each unit within the building is thoughtfully designed, featuring an eat-in kitchen, a living room with access to a back deck, two bedrooms, a full bathroom, laundry facilities, and in-floor heating. Residents will appreciate the proximity of the town's grocery store, restaurants, bakery, post office, and new recreation center, all within a short walking distance. Additionally, essential amenities such as a gas station, hardware store, liquor store, pharmacy, bank, Lions Club, and bowling alley are just a short drive away. The area itself is known for its stunning beaches, charming park, boardwalk shops, and picturesque harbor, adding to the overall appeal of the location. The landlord covers the cost of heat, and each unit is equipped with its own electrical meter. Currently, all units are occupied and subject to rent control.
Now available for sale, this property offers a land size of 1/2 - 1 acre and is ideally situated on 31 Church Hill Avenue in the city of North Rustico, Prince Edward Island. The community itself is known for its welcoming atmosphere and scenic surroundings. The building exterior is finished with durable vinyl, while the heating is provided by oil, specifically through hot water and in-floor heating systems. Classified as an apartment type property, this offering presents a unique investment opportunity in a desirable location.