645 Blue Shank Road
1 / 4

Apartment For Sale

$799,900

645 Blue Shank Road

MLS® Number: 202600304

Land Size

1.5

About This Property

This 12-unit apartment building consisting of 8 studio and 4 1 bedroom units is located just outside Summerside, Prince Edward Island, and offers a proven track record of stable rental income with long-term tenants and consistent full occupancy. The property benefits from a newer steel roof, and units are updated as turnover occurs, supporting long-term asset preservation and rent sustainability. Additional features include electric heat and coin-operated laundry, contributing to manageable operating costs and supplemental income. This property presents a turnkey investment opportunity with predictable cash flow, making it well-suited for any investor. Detailed financials and supporting documentation available for qualified buyers.

Property Details

Interior Details

Appliances

Washer, Oven, Dryer, Microwave

Basement

Partial

Flooring

Other

Heating

Radiant heat, Electric

Building & Exterior

Building Features

Laundry Facility

Exterior Features

Vinyl

Foundation Details

Poured Concrete

Parking Features

Parking Space(s), Parking Space(s)

Land & Location

City Region

Wilmot Valley

Community Features

School Bus

Lot Size Area

1.5 acres

Lot Size Dimensions

1.5

Parcel Number

p/o 82420

Listing & Financials

Listing Office

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD

Originating System Name

Prince Edward Island Real Estate Association

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($159,980)
5.5%
25 Years

Estimated Monthly Payment

$3,930

Principal and interest only. Actual rates may vary.

Location & Map

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