DON MURPHY

serving western pei

(902) 853-5036

MULTI-FAMILY & RENTAL

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For sale
$799,000
6948 Rustico, north rustico, Prince Edward Island

6948 Rustico

North Rustico, Prince Edward Island

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:47244)

For sale
$2,280,000
2 Ambrose Street, brighton, Prince Edward Island

2 Ambrose Street

Brighton, Prince Edward Island

**CLICK ON MULTIMEDIA FOR VIDEO ** One of a kind historic brick house built by Donald MacKinnon back in 1879. This unique (turnkey rental) property is located in the heart of Brighton, just minutes of walking distance to Victory Park and downtown Charlottetown. There are four upscale suites, in total consist 14 bedrooms and 13.5 bathrooms (about 8500 sqft). The main floor consists of a spacious two bedrooms with ensuite complemented by stately tall ceilings, classy mouldings, pillars and large windows throughout. The second and third floor are side by side, two-level suites, one consists of a three-bedroom with two ensuites and a common bathroom, another consist of four bedrooms with four ensuites and a common bathroom. Both suites with a large wrap-around balcony overlooking a green space across the street. The Carriage House Suite is two-level consists of four bedrooms with 3 ensuites and a common bathroom. All four suites have been significantly re-modelled and upgraded with guest convenience and comfort in mind. Each unit offers modern appliances, an in-suite kitchen and a laundry facility. Other upgrades include a new furnace (2017) and a new roof (2020). This property can be easily converted to a luxury Inn or B&B. Architectural design drawing for the conversion can be provided to a prospective purchaser upon successful offer of the property. All measurements are approximate, and should be verified by the purchaser(s). This is a must see! The property was recently renovated, and all the units are now rented by long-term tenants. The the pictures and videos might not accurately reflect its current appearance. The current property tax is based on non-resident. (id:47244)

For sale
$649,000
31 CHURCH HILL Avenue, north rustico, Prince Edward Island

31 Church Hill Avenue

North Rustico, Prince Edward Island

Well maintained 6 unit apartment building in the heart of North Rustico. Each unit features an eat-in kitchen, a living room with doors leading to a back deck, two bedrooms, full bathroom, laundry, and in floor heat. The town?s grocery store, restaurants, bakery, post office and new recreation center are within short walking distance. A gas station, hardware store, liquor store, pharmacy, bank, Lions Club and Bowling alley are just a short drive away. North Rustico has gorgeous beaches, a great park, boardwalk shops, and a beautiful harbour that all add charm to the area! Heat is paid for by the landlord and each unit has its own electrical meter. All units are currently filled and rent controlled. (id:47244)

For sale
$649,000
15 SUNRISE Crescent, north rustico, Prince Edward Island

15 Sunrise Crescent

North Rustico, Prince Edward Island

Well maintained 6 unit apartment building in the heart of North Rustico. Each unit features an eat-in kitchen, a living room with doors leading to a back deck, two bedrooms, full bathroom, laundry, and in floor heat. The town?s grocery store, restaurants, bakery, post office and new recreation center are within short walking distance. A gas station, hardware store, liquor store, pharmacy, bank, Lions Club and Bowling alley are just a short drive away. North Rustico has gorgeous beaches, a great park, boardwalk shops, and a beautiful harbour that all add charm to the area! Heat is paid for by the landlord and each unit has its own electrical meter. All units are currently filled and rent controlled. (id:47244)

For sale
$1,199,000
12 Driftwood Country Lane, anglo tignish, Prince Edward Island

12 Driftwood Country Lane

Anglo Tignish, Prince Edward Island

A very well maintained and operated turn key cottage rental business. This business is just across the laneway from the Gulf of St. Lawrence. Beautiful sandy beach where you can walk for miles/kms. Enjoy the sunshine or fish for some bass from the shoreline. These are very well built cottages and the owner has done many renos and upgrades. They are rented out on weekly rates in summer season and can be rented out in winter and off season as they are all insulated and heated. Year round income. There are 5 cottages, 3 two bedrooms and 2 three bedrooms, one of 2 bedrooms is handicap accessible. Wood shingle exteriors on the cottages and there is a concrete foundation ready for another cottage. "THE OWNER IS OPEN TO SELLING A PORTION OF THE BUSINESS IF THERE IS INTEREST.". (id:47244)

For sale
$750,000
70 Spring & 247 Church Street|247 Church St., summerside, Prince Edward Island

70 Spring & 247 Church Street, 247 Church St.

Summerside, Prince Edward Island

Located in a mature, quiet neighborhood within walking distance to most amenities. These character buildings border on the beautiful Wyatt Hetitage city park. Partial brick home in good condition with lots of character and with original woodwork inside. You could easily live in the 2 story home and continue renting the 6 unit next door at 247 Church to subsidize your income or mortgage. Units on main floor and second floor are quite large with alot of character. Several units have decks which overlook the park. All units currently occupied on a month to month with heat, electricity and TV included for most units. . Each of the units are separately metered for electricity if you choose to want the tenants to pay their own expenses. Two buildings to be sold as a package. The current owner has had the buildings for about 8 years and has done many upgrades including new roofs and new Propane hot water boiler. Very easy buildings to operate and are well maintained with excellent occupancy. Minimum of 24 hours notice to view. (id:47244)

For sale
$449,000
14-16 Felling Street, charlottetown, Prince Edward Island

14-16 Felling Street

Charlottetown, Prince Edward Island

Charlottetown Triplex located at 14-16 Felling Street is available for purchase. Situated in a mature, peaceful neighbourhood, this property is highly desirable to tenants as you can walk to most amenities or a bike ride to all conveniences that come with living in a city including minutes from the Confederation trail. The property has undergone renovations, from the installation of a new boiler pot in the furnace, spray foam insulated the walls in the basement plus the back 2 rooms of unit 16. All of Unit 16 has been renovated. The property features three 2 bedroom units, all occupied with great tenants. Rent amounts include heat and water, tenants pay their own electricity. (id:47244)

For sale
$399,900
67 Central Street, summerside, Prince Edward Island

67 Central Street

Summerside, Prince Edward Island

Come to 67 Central St in Summerside PEI and find this great income property worth investing in. This is a 5-unit apartment building in the downtown area, it consists of 2 three-bedroom units, a 2 bedroom unit, a large 1 bedroom and a bachelor apt. The building generates $3425 monthly and has long-term tenants. The main floor is the 3 bedroom apt with a large kitchen, dining and living room along with a single bathroom. The second floor has a two bedroom apt, a 1 bedroom apt and a bachelor unit. The third floor is a 3 bedroom apartment. There is a shared laundry located on the main level common area entrance. Plenty of parking and there has been plenty of updates to this building. Each unit has its own electrical meter. Heat is included in the rent. Large basement that is being used for storage. Income and expenses in documents. Walking distance to schools, downtown, Credit Union Place, and Summerside's boardwalk. (id:47244)

For sale
$649,000
101 Upper Prince Street, charlottetown, Prince Edward Island

101 Upper Prince Street

Charlottetown, Prince Edward Island

[VIDEO & VIRTUAL TOUR available - click virtual tour/multimedia link to view]. Welcome to 101 Upper Prince St. this beautiful craftsman bungalow was originally a single-family residence but has been converted to an over and under duplex. Features of this style include a 1 1/2 story height, a low pitched roof, wide eaves and a veranda with square columns. The style was popular from approximately 1915 until 1930. Throughout the years the home has remained well-maintained and relatively unchanged since it was built making it an asset to the streetscape. This property will not disappoint and is filled with character and charm! Spacious main floor suite includes, living room, formal dining room, den/office. Large updated kitchen with butler?s pantry. Two well sized bedrooms ,bath and private laundry. Upper two bedroom suite includes living room, dining room, kitchen, bath and laundry. This lovely home sits on a very spacious lot and includes a large carriage house with single car garage door! These properties do not come to market very often, don?t miss a chance to own this Classic Charlottetown Property! Conveniently located and walking distance to all Charlottetown has to offer! (id:47244)