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Under contract
  • C$925,000

    165 Nassau St E #163, Charlottetown, PE C1A 2X3

    14beds
    --baths
    --sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Spacious three bedroom apartmentsPrivate parking lotOff street parking
    Located in the heart of Charlottetown, this well maintained 6 unit apartment building presents an exceptional investment opportunity. With a prime location in one of the city's most sought after neighborhoods, this property is perfectly positioned to offer strong rental demand and long term value. The building consists of two spacious three bedroom apartments, and four well sized two bedroom apartments, catering to a range of potential tenants. Whether your looking to attract young professionals, small families, or long term renters, these units are ideal for those seeking comfort and convenience in the heart of the city. In addition to the well sized apartments, the building offers a private parking lot, providing convenient, off street parking for all tenants. This feature adds significant value and enhances the property's appeal particularly in a downtown setting where parking can be limited. As an investment, this property offers numerous advantages: a desirable location with proximity to shops, restaurants, and public transportation, strong rental demand due to Charlottetown's growing population, and a well maintained structure that requires minimal upkeep. This 6 unit apartment building is an outstanding opportunity for investors looking to capitalize on Charlottetown's thriving rental market. Whether you're a seasoned investor or looking to get started, this property is a solid choice that promises steady income and long term growth potential. Ian Walker, the listing realtor, is a shareholder in the company that owns this property.
    79 days
    on Zillow
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    12
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: July 07, 2025 at 06:58pm

    Listed by:

    Ian Walker,PEI - Sales,

    ELITE REAL ESTATE ADVISORS INC.

    Source: Prince Edward Island REA,MLS®#: 202509755MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    Heating
    • Baseboard, Furnace, Hot Water
    Appliances
    • Included: Electric Range, Dishwasher, Dryer - Electric, Washer, Washer/Dryer, Microwave Rng Hd Combo, Refrigerator, Stove, Microwave, Dryer
    • Laundry: Common Area
    Features
    • Flooring: Carpet, Hardwood, Laminate, Linoleum
    • Basement: Full,Partially Finished

    Property

    Parking
    • Parking features: Parking Spaces(s), Paved, Shared Driveway, No Garage
    • Has uncovered spaces: Yes
    • Details: Parking Details(Outdoor Paved Parking Lot Onsite.), Garage Details(Not Applicable)
    Features
    • Stories: 2
    Lot
    • Size: 0.3 Acres
    • Dimensions: 0.30
    • Features: Under 0.5 Acres
    Details
    • Parcel number: 372102
    • Zoning: R-2
    • Other equipment: Intercom, Sump Pump

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Municipal
    • Water: Municipal
    • Utilities for property: Electricity Connected, Cable Connected, Phone Connected

    Community & HOA

    Community
    • Features: Golf, Park, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship
    • Security: Building Security
    Location
    • Region: Charlottetown

    Financial & listing details

    • Tax assessed value: C$585,700
    • Annual tax amount: C$11,091
    • Date on market: 5/5/2025
    • Inclusions: All Appliances Are Included In The Sale. There Is One Coin Washer, One Coin Dryer, One Stackable Washer/Dryer, 6 Stoves, 6 Fridges, Two Over The Range Microwaves, And 2 Dishwashers.
    • Income includes: Rent Only, Laundry
    • Electric utility on property: Yes
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