Primary photo of 116 Walthen Drive, Charlottetown
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Apartment For Sale

$749,000

MLS® Number: 202609132

Land Size

0.35

Year Built

1975

116 Walthen Drive, Charlottetown, Prince Edward Island

About This Property

Welcome to 116 Walthen Drive, a fantastic investment opportunity in the heart of Charlottetown. This well-maintained 6-unit apartment building offers a solid income stream with a desirable unit mix of five 2-bedroom units and one 1-bedroom unit, appealing to a wide range of tenants. The property features a paved parking lot providing ample off-street parking for residents, as well as convenient coin-operated laundry, adding additional income potential. Each unit offers functional layouts with strong rental appeal in a consistently sought-after location. Situated close to amenities, schools, shopping, and transit, this property is ideally positioned for both tenant convenience and long-term value appreciation. Whether you?re looking to expand your portfolio or step into multi-unit investing, 116 Walthen Drive presents a turnkey opportunity in one of Charlottetown?s most desirable rental areas.

Property Details

Interior Details

Appliances

Refrigerator, Stove

Flooring

Laminate, Carpeted, Ceramic Tile

Heating

Baseboard heaters, Oil, Furnace

Building & Exterior

Building Features

Laundry Facility

Exterior Features

Vinyl

Foundation Details

Poured Concrete

Parking Features

Parking Space(s), Parking Space(s)

Year Built

1975

Land & Location

City Region

Charlottetown

Community Features

School Bus

Lot Size Area

0.35 acres

Lot Size Dimensions

0.35

Parcel Number

369496

Postal Code

C1A4V5

Listing & Financials

Listing Office

RE/MAX CHARLOTTETOWN REALTY

Originating System Name

Prince Edward Island Real Estate Association

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($149,800)
5.5%
25 Years

Estimated Monthly Payment

$3,680

Principal and interest only. Actual rates may vary.

Location & Map

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