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Cornwall (Prince Edward Island, CA - C0A1H0)
SOLD  $675,000 Excellent 4 PLEX -Semi Detached

"Fully rented 4 plex in Cornwall" 
Colonial Realty

Jason MacKay
902 - 566 - 2121(Office)
902 - 940 - 3434(Cell)


Address: 43,45,47,49 Lowther Dr
Type: Residential
Style:  Single Story
Development Level: Built
Bedrooms: 8 "2 Bdrm Units+ garage"
Bathrooms: 4 "1 Lg Bath per unit"
Garage: Single, Attached "1 Garage per unit heated"
Basement: No "Slab"
Size: 5,059 sq. ft.
Lot Type: Rectangular
Lot Size:  0.46acres 
Year Built: 2009 "4 separate units"
Taxes: $8,789.00 (2018)
MLS® #: 201824184

Contractor owned quality constructed 4 unit Semi Bldg with 4 garages, built on an Insulated slab, frost wall, and concrete dividing walls, separate electric infloor heating. All units fully wheel chair accessible. Perfect retiree & professional rental market or Sm family. Quality long term tenants. Each unit has upgraded kitchens, Stainless appliances, stackable laundry sets. Open concept living spaces have ceramic tile floors & skylights. Dark laminate floors in the Lg 2 Bdrms & walk in closets. Front veranda & back decks, heated garages w/large storage closet. Roof is 35 Yr shingle, 2 yr old vinyl siding. NEVER a vacancy. Quality built to last as a rental property investment. Walk to schools, churches, shopping, restaurants, community sports centre, Library etc. 3-5 min to Ch'town, bus route at the bottom of the street. Tenants pay electric/heat, snow. Monthly Rents: $1100./ $1100/ $980/ $965/ Tenant paying $965 vacates Jan 2019 rent will increase to $1100./ Expenses: Tenants pay all Utilities, heat/ electric and snow removal.
Building Owner Expenses : Quarterly Water Bill $438.40. per 1/4 to town of Cornwall - Building Insurance $1,200. Yr - Property tax $8789. per year. The Owner cuts the grass.
Contact Remax Listing Agent to view & for more info - if bank approved to purchase.
Interior Features
 Laundry Room  Skylights  Vaulted Ceiling
 Central Electric
Exterior Finish
 Frame  Siding  Vinyl
Sewer/Water Systems
 Public  Water District
Lot Features
 Cul-de-sac  Deck  Front Porch
 Garage  Garden Area  Lawn
 Dishwasher  Dryer  Hood Fan
 Microwave  Refrigerator  Stove
Extra Features
 Cable Available  Garage Door Opener  High Speed Internet Available
 Public Transportation  Wheelchair Access
Brokered and Advertised by:
   Remax Charlottetown

Information is deemed to be correct but not guaranteed.

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