Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
- None
- Stories
- 1
- Year Built
- 2011





Property Snapshot
MLS #202618795
Type, style and structure
Land, frontage and setting
This multi-family in Wellington offers a 0.96 ac lot. Built in 2011, 1 storey. The property has lot dimensions of 0.96, zoned Multi-Family. The home features laminate and vinyl flooring, in floor heating, electric, wall mounted heat pump heating, a none basement.
An incredible opportunity awaits with this well-maintained four-unit property located on Mont Carmel Road in the heart of Wellington, Prince Edward Island. Offering the perfect combination of homeownership and investment potential, you can live comfortably in one unit while generating rental income from the other three. A smart way to offset your mortgage while building long-term wealth. Each of the four units features a functional 2-bedroom, 1-bathroom layout, complete with its own heated single-car garage and paved driveway, providing comfort, convenience, and privacy for both owners and tenants. These thoughtfully designed units offer low-maintenance living and strong rental appeal, making this an excellent addition to any investment portfolio. Ideally situated within walking distance of Wellington's many conveniences, you'll enjoy easy access to the Co-op grocery store, Credit Union, Access PEI, PEI Liquor, Esso, and the scenic Confederation Trail. Just a 5-minute drive away, Abram Village offers even more community amenities, including the recreation center/hockey arena, and a fully equipped fitness center. And only a 20-minute drive to your nearest city of Summerside. Whether you're looking to expand your investment portfolio, live in one unit while the others help pay your mortgage, or add a quality income-producing property to your holdings, opportunities like this are rare. Combining excellent cash-flow potential with an unbeatable location and desirable unit features, this fourplex is an exceptional opportunity you won't want to miss. (id:60351)
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Price, taxes and monthly charges
From Miscouche heading West, heading toward Lady Slipper Dr N/PE-12 W, continue fo follow Veteran's Memorial Hwy/All Weather Hwy/PE-2 W for 8.8km. Turn left onto Egmont Bay Rd/PE-124 W (signs for Région Évangéline/Wellington/Mont Carmel) for 1.9km. Location is on your Right.
Listed by Jory MacIsaac, ELITE REAL ESTATE ADVISORS INC.
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Listed by Jory MacIsaac, ELITE REAL ESTATE ADVISORS INC. · MLS# 202618795
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