49 Anderson Road Kinkora, Prince Edward Island C0B 1N0

Baseboard Heaters, Furnace


Introducing an exceptional real estate opportunity in the charming community of Kinkora, PEI! This four-unit property has been meticulously cared for and thoughtfully upgraded, making it a prime investment option. Recent improvements include a new furnace in 2014, fresh vinyl siding in 2016, a brand-new roof in 2023, and a water heater also from 2023, ensuring worry-free ownership. Comprising four units in total, with Unit 1 and 2 being mirror images and the same for Unit 3 and 4, each unit provides spacious 2 bedrooms and 1 bathroom, ensuring comfortable living spaces for your tenants. Heating is powered by oil, conveniently located in a common utility room, and there's a shared laundry room, included in the rent, making it an attractive offer for renters. Additionally, each unit has its own electric meter, with tenants taking care of their electricity bills while the building owner covers the cost of oil. Sitting on a generous 0.79-acre lot, there's even room for potential expansion. You'll also appreciate the convenience of a drilled well and municipal sewer system. Located in a beautiful neighbourhood in Kinkora, this property offers easy access to local amenities, including a gas station, restaurants, and elementary and high schools. Plus, you're just minutes away from the breathtaking Chelton Beach Provincial Park, offering world-class beaches and stunning views of the Confederation Bridge. This property enjoys a central location, with Borden only 10 minutes away, Summerside just 18 minutes, and Charlottetown a short 35-minute drive. This Fourplex combines a prime location with recent updates and endless potential, making it an irresistible investment opportunity for the savvy investor. Financials available upon request. (id:48050)

Property Details

MLS® Number 202318840
Property Type Multi-family
Community Name Kinkora
Amenities Near By Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Ski Area, Marina
Community Features School Bus
Equipment Type None
Rental Equipment Type None


Amenities Laundry Facility
Appliances Oven, Dryer, Washer, Refrigerator
Constructed Date 1993
Exterior Finish Vinyl
Flooring Type Carpeted, Laminate
Foundation Type Poured Concrete
Heating Fuel Oil
Heating Type Baseboard Heaters, Furnace
Type Fourplex
Utility Water Drilled Well


Parking Space(s)


Acreage No
Land Amenities Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Ski Area, Marina
Sewer Municipal Sewage System
Size Total Text 1/2 - 1 Acre
Zoning Type Multi-family



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