$950,000

23-25-27 Queen Elizabeth Drive, Morell, Prince Edward Island

2.00

Acres

202522304

MLS® Number

39

Days on Website

For Sale

Listing Type

$950,000 | Morell Morell Triplex for Sale at 23-25-27 Queen Elizabeth Drive Morell

This prime investment opportunity features a well-maintained triplex combined with a tract of land, offering incredible visibility and accessibility right next to the highway. Perfect for savvy investors seeking a multifamily residential income property! Location Benefits: -Great Site Visibility: Situated in a bustling area, your property will attract tenants and ensure consistent rental demand. -Proximity to Highway: Quick access to major routes facilitates easy commutes for residents and enhances marketability. Property Features: -Triplex Setup: Three separate units, offering diverse living options for tenants and multiple revenue streams. -Land Potential: The additional land can be used for future expansion, additional units, or enhancing the current property?s appeal with amenities like parking or green spaces. Topography: The land's friendly topography lends itself well to potential developments, making it easy and cost-effective to build or enhance as desired. Investors' Dream: This is a wonderful opportunity for investors eager to tap into the thriving rental market. With the combination of the triplex's rental income potential and the land's value-add opportunities, this is a chance to maximize returns in a growing area. Get in on this incredible investment now and secure your future with this versatile property in Morell. (id:6289)

Financial and Mortgage

List Price $950,000
Original Price $950,000
Monthly Payment $3,961/month
Get Prequalified
Days on Website 39

23-25-27 Queen Elizabeth Drive Details

Show Less

Construction and Lot

Year Built 2006
Bathrooms 0.00
Parking Parking Space(s)
Has Basement No
Foundation Poured Concrete, Concrete Slab
Heating Electric Hot Water, In Floor Heating
Exterior Vinyl

Exterior of 23-25-27 Queen Elizabeth Drive

Type Multi-family
Sub-Type Freehold
Amenities Park, Playground, Public Transit, Shopping, Marina

Interior

Appliances Stove, Dishwasher, Dryer, Washer, Refrigerator
Fireplace No

Morell Information

About Morell in Morell

Address 23-25-27 Queen Elizabeth Drive
Subdivision Morell
City Morell
Province Prince Edward Island
Postal Code C0A1S0
Amenities Park, Playground, Public Transit, Shopping, Marina
Office/Brokerage RE/MAX CHARLOTTETOWN REALTY

About Condo Complex

Amenities School Bus
Community Features School Bus

Morell Map, Demographics, Characteristics

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See 23-25-27 Queen Elizabeth Drive and other Morell homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #202522304 23-25-27 Queen Elizabeth Drive in Morell, Morell Prince Edward Island, or fill out the form below. Looking for more Morell homes for sale in Morell? Our top Morell real estate specialists are ready to help you buy or sell in the Morell area. Contact us today!

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