16-20 School Street, Montague, Prince Edward Island C0A1R0

16-20 School Street
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Welcome investors, to the Tudor Hall, one of the iconic century buildings in Montague, PEI. Featuring 8-1 Bedrooms and 2-2Bedrooms, the Tudor Hall is a 10-Unit residential apartment building located beside Montague Intermediate School and minutes of walking to post office, banks, supermarkets, restaurants and amenities. With many stable and long term tenants, the property provide the buyer with positive cash flow since day one. With almost 11% gross return, the Tudor hall has yet more to offer. Buyer has the option to expend and convert the vacant lobby space, the vacant theater, and the unfinished basement into useful and cash flowing units on top of what is already generating. New coin-operated washer and oil boiler in 2025.Building is to be sold as is and one of the listing agents is the owner. Measurements are approximate and is to be verified by the buyer.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesWasher, Refrigerator, Stove, Dryer
BasementUnfinished, Full
FlooringLaminate, Carpeted
HeatingOil, Radiator, Hot Water

Building & Exterior

Exterior FeaturesWood shingles
Foundation DetailsPoured Concrete, Concrete Block
Parking FeaturesParking Space(s), Parking Space(s), Gravel

Land & Location

City RegionMontague
Lot Size Area0.24
Lot Size Dimensions0.24
Parcel Number197921

Listing & Financials

Listing OfficeROYAL LEPAGE PRINCE EDWARD REALTY
Originating System NamePrince Edward Island Real Estate Association

Other Specifications

Common InterestFreehold
CountryCanada

For Sale

$849,000

16-20 School Street, Montague, Prince Edward Island C0A1R0

Beds

-

Baths

-

Living Area

-

Lot Size

0.24

Property Type

Apartment

Year Built

-

Listing ID202600914

Location & Map

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