CAPECornwall78 Main St
Listing image | Image 1

78 Main St, Cornwall, PE

Condo

For Sale

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to see price

000

MLS® 202616335

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
Maintenance Fees 
Taxes $8,256
Days Active 2
Approx. Age 1976
MLS® Number 202616335

Property Address: 78 Main St, Cornwall, PE, C0A1H5

Average square foot calculated using Size range provided by listing agent.

Description

Prime Multi-Family Investment: 78 Main Street, Cornwall, PEI. Unlock the Potential in a High-Growth Corridor This 8-unit apartment complex offers a rare blend of stable rental income and exceptional long-term development potential. Situated on a generous 0.69-acre lot, this property is perfectly positioned for an investor looking to capture value in one of Prince Edward Island's most sought-after communities. Investment Highlights: Stable Asset: An established 8-unit complex with a proven track record. Value-Add Opportunity: Several units have already been tastefully renovated, reducing immediate capital expenditure and offering competitive rental appeal. Significant Development Upside: The expansive 0.69-acre lot provides viable space to increase density and add further units, offering a clear path to growing your investment footprint. Unbeatable Accessibility: Ideally located with seamless access to the Cornwall Center and the Bypass Highway for regional travel, and just minutes away from downtown Charlottetown. This property serves as the perfect cornerstone for a growing portfolio. By combining the current cash flow of the existing units with the development potential of the land, 78 Main Street offers a dual-strategy investment: reliable returns and substantial future equity growth. (id:58753)Show Description
MLS® Number202616335
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1976
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard heaters, Oil
A/C

Extras

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  • Commute

Commute

Starting Address
Destination Address
78 Main St, Cornwall, PE

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