DON MURPHY

serving western pei

(902) 853-5036

MULTI-FAMILY & RENTAL

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For sale
$265,000
4069 ALLEYS MILL Road, cardigan, Prince Edward Island

4069 Alleys Mill Road

Cardigan, Prince Edward Island

Triplex in Cardigan, nice money maker in central Kings County. This property has three, two bedroom units, shared coin laundry, new furnace installed in 2011, plus over 1/2 acre property with a large gravel parking area. This property makes a nice investment for a live in owner to have the tenants pay the mortgage and expenses...will not last long! (id:47244)

For sale
$385,000
5 Dairy Lane, stratford, Prince Edward Island

5 Dairy Lane

Stratford, Prince Edward Island

Unique 2-unit property on a private lane. The front unit has a nice entrance with included washer and dryer, a bright living room and kitchen with fridge and stove 2 bedrooms, an office and a full bath on the 2nd level. The back unit has an open kitchen (fridge and stove included), dining area and master bedroom with 3 3-piece en-suite bath on the main level. The lower level has a large rec room, full bath, 2nd bedroom, large flex room and utility area with included washer & dryer. Comes on a great lot, over 2.5 acres. Also 24x32 garage with washroom and wood heat. Fully insulated. Note Listing agent is also the seller. (id:47244)

For sale
$485,000
277-279 FITZROY Street, charlottetown, Prince Edward Island

277-279 Fitzroy Street

Charlottetown, Prince Edward Island

Invest in your future with 277-279 Fitzroy Street! This duplex, boasting two spacious two bedroom units (1,548 sq. ft.), with 1 bath is ready for a new owner seeking immediate income and long term potential. This spacious side by side duplex is situated on a large lot with lots of green space to set up your own backyard oasis. It is located near downtown Charlottetown and within walking distance to the Holland College Charlottetown campus and the downtown business district. Both sides are currently rented, with the right side becoming vacant as of May 1 and the other as of the end of May, 2024. This duplex will not disappoint. No PDS, property is being sold "as is where is". All measurements are approximate and should be verified by purchaser if deemed necessary. Listing Agent is related to the Vendor. (id:47244)

For sale
$635,000
30/30A/32 NEWLAND Crescent, charlottetown, Prince Edward Island

30/30a/32 Newland Crescent

Charlottetown, Prince Edward Island

This property is situated in a mature, peaceful neighbourhood of central Charlottetown. This fully rented triplex features a three bedroom unit, a two bedroom unit as well as a one bedroom unit. Located in a highly desirable area, it allows for tenants to walk to schools, grocery stores, banks or take a bike/bus ride to all conveniences that come with living in a city. Recent updates include the roof as well as the vinyl siding. All measurements are approximate and should be verified by purchaser if deemed necessary. No PDS, property being sold ?as is where is?. Please note: Listing agent is related to the Vendor. (id:47244)

For sale
$285,000
11-13 Orlebar Street, charlottetown, Prince Edward Island

11-13 Orlebar Street

Charlottetown, Prince Edward Island

Downtown location, line up of tenants wanting to rent. 5-minute walk to Holland College. New heat pumps and electric heat. Two bedrooms, living area, dining room and kitchen! Great long-term investment. Main floor rents for $995. Second floor $900. (id:47244)

For sale
$985,500
239 Cumberland Street, charlottetown, Prince Edward Island

239 Cumberland Street

Charlottetown, Prince Edward Island

239 Cumberland Street!...This is an exceptional income property nestled in the heart of Charlottetown, offering convenience, comfort, and a promising investment opportunity. This restored building stands within walking distance to downtown, Holland College, and an array of amenities, ensuring a desirable location for tenants and investors alike. The property has undergone significant upgrades, including a new roof, new siding, high-efficiency furnace, fiberglass oil tank, and installation of two brand new electric hot water tanks. These updates enhance the property's longevity and efficiency, reducing maintenance costs for the owner. With eight rental units, this property offers a steady stream of income for the discerning investor. The units are in high demand due to their convenient location and well-maintained amenities, ensuring consistent occupancy and a healthy return on investment. Each unit is equipped with its own washer/dryer and heat pump, providing tenants with convenience and comfort. Off-street parking further adds to the appeal of the property, enhancing tenant satisfaction and attracting potential renters. The units at 239 Cumberland Street are in high demand, with a track record of being easily rented out. The property's prime location, coupled with its historical charm, make it a sought-after choice among tenants. The combination of recent upgrades, prime location, and high demand for rental units ensures both short-term profitability and long-term appreciation potential. Whether you're a seasoned investor looking to expand your real estate portfolio or a newcomer to the market seeking a reliable investment, 239 Cumberland Street offers the perfect blend of income potential and property value appreciation. Don't miss out on this chance to own a piece of Charlottetown's thriving rental market. (id:47244)

For sale
$1,355,000
93 Water Street, charlottetown, Prince Edward Island

93 Water Street

Charlottetown, Prince Edward Island

Welcome to this perfect property, it is located in down town area just opposite the Delta Hotel. The whole building has 4 apartments and 2 street-facing shops. All in good condition. The building brings very stable incomes every year. Apartment 1 and 2 both are about 1000 square feet 2 level apartments. Each has two bedrooms/one living room and one bathroom, private laundry. Floor, toilet and shower were updated in 2021. Apartment 3 is about 600 square feet, two bedroom/one living room/one bath, 5 years new flooring, kitchen and bathroom. Apartment 4 is about 750 square feet, two bedroom/one living room/ one bathroom, Floor, toilet and shower were updated in 2020. All apartments have their own hot water tank. The street-facing shops, left one is about 400 square feet and right one is about 450 square feet. Each shop has its own washroom and storage space. Flooring updated to tile floors in 2020. The shops always fully rented because of the excellent location. In addition, good brand oil furnace and oil tank (fiber material) have been updated in 2018. Backyard can part 3 or 4 cars. Access to backyard parking space via a shared driveway. Contact agent for more details. (id:47244)

For sale
$279,900
594 Main Street, montague, Prince Edward Island

594 Main Street

Montague, Prince Edward Island

One time century home on C-1 zoned lot on Main St Montague is presently used as an over/under duplex income property. This property is presently completely vacant, and easy to show. updates include windows, roof and furnace. Good location walking distance to most everything Montague offers. Great opportunity to own a well priced duplex. All measurements approx. (id:47244)

For sale
$529,999
74 Sydney Street, charlottetown, Prince Edward Island

74 Sydney Street

Charlottetown, Prince Edward Island

Downtown Triplex! Don't miss your chance to own this renovated Downtown Charlottetown rental property that generated a net income of $21K before interest in 2023, with one unit being owner occupied. Currently all units are fully rented and not owner occupied. This building has: new bathrooms, kitchens, paint, roof, oil tank and external doors with one 2 bedroom unit and two 1 bedroom units walking distance to everything including the waterfront, the new public library and always fully rented! Property taxes are currently $4,374.79 per year. All units will come furnished with the exception of a few items which is a huge bonus to potential landlords and tenants. (id:47244)

For sale
$349,900
5819/5821 Campbell Road|Victoria Cross, montague, Prince Edward Island

5819/5821 Campbell Road, Victoria Cross

Montague, Prince Edward Island

5819/5821 Campbell Road, a beautiful Duplex in Victoria Cross on 2 acres of land and only minutes to downtown Montague. Both sides of this duplex have 4 bedrooms, 1 full bath, are spacious, bright, and have been well maintained throughout the years. Being surrounded by trees and nature, this property offers peace and quiet yet is close to everything including schools, shopping, golf, beaches & restaurants. Homeownership has never been more affordable, you can live on one side and have tenants rent out the other side. You will be paying less than rent to own this 8 bedroom duplex on 2 acres of land. Here is an approximate breakdown of the numbers. Mortgage: $349,900 Mortgage Rate: 5.6% Downpayment: 5% Taxes: $233 Monthly Payment: $2130.00 Rent from other side: $1150 Total Monthly Cost: $1213.00 Your approximate monthly cost is $1213.00. If you need help with the down payment, the government of PEI has a downpayment assistance program where eligible applicants can apply to receive a conditionally interest free loan of up to five per cent of the purchase price of a home, to a maximum loan of $17,500. This is a great opportunity on this prime property with easy maintenance. (id:47244)

For sale
$349,900
5825/5827 Campbell Road|Victoria Cross, montague, Prince Edward Island

5825/5827 Campbell Road, Victoria Cross

Montague, Prince Edward Island

5825/5827 Campbell Road, a beautiful Duplex in Victoria Cross on 2 acres of land and only minutes to downtown Montague. Both sides of this duplex have 4 bedrooms, 1 full bath, are spacious, bright, and have been well maintained throughout the years. Being surrounded by trees and nature, this property offers peace and quiet yet is close to everything including schools, shopping, golf, beaches & restaurants. Homeownership has never been more affordable, you can live on one side and have tenants rent out the other side. You will be paying less than rent to own this 8 bedroom duplex on 2 acres of land. Here is an approximate breakdown of the numbers. Mortgage: $349,900 Mortgage Rate: 5.6% Downpayment: 5% Taxes: $233 Monthly Payment: $2130.00 Rent from other side: $1150 Total Monthly Cost: $1213.00 Your approximate monthly cost is $1213.00. If you need help with the down payment, the government of PEI has a downpayment assistance program where eligible applicants can apply to receive a conditionally interest free loan of up to five per cent of the purchase price of a home, to a maximum loan of $17,500. This is a great opportunity on this prime property with easy maintenance. (id:47244)

For sale
$349,900
5841/5843 Campbell Road|Victoria Cross, montague, Prince Edward Island

5841/5843 Campbell Road, Victoria Cross

Montague, Prince Edward Island

5841/5843 Campbell Road, a beautiful Duplex in Victoria Cross on 2 acres of land and only minutes to downtown Montague. Both sides of this duplex have 4 bedrooms, 1 full bath, are spacious, bright, and have been well maintained throughout the years. Being surrounded by trees and nature, this property offers peace and quiet yet is close to everything including schools, shopping, golf, beaches & restaurants. Homeownership has never been more affordable, you can live on one side and have tenants rent out the other side. You will be paying less than rent to own this 8 bedroom duplex on 2 acres of land. Here is an approximate breakdown of the numbers. Mortgage: $349,900 Mortgage Rate: 5.6% Downpayment: 5% Taxes: $233 Monthly Payment: $2130.00 Rent from other side: $1150 Total Monthly Cost: $1213.00 Your approximate monthly cost is $1213.00. If you need help with the down payment, the government of PEI has a downpayment assistance program where eligible applicants can apply to receive a conditionally interest free loan of up to five per cent of the purchase price of a home, to a maximum loan of $17,500. This is a great opportunity on this prime property with easy maintenance. (id:47244)