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Home PE Greater Charlottetown Queens County Charlottetown Spring Park
73 Euston Street
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73 Euston Street $1,989,000
$1,989,000
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73 Euston Street
Charlottetown, Prince Edward Island C1A1W1

MLS® Number: 202528372

Listing Description

Welcome to 73 Euston Street, a rare multi-unit investment opportunity located in the centre of downtown Charlottetown. Situated on 0.258 acres, this solid brick construction building has been well cared for over its 50 years and offers incredible potential for value-add investors. Spanning 7,200 sq. ft., the property consists of 15 apartment units: 7 bachelor units 5 one-bedroom units 3 two-bedroom units Each of the 12 above-grade units features its own 3'6" x 8' private patio, adding desirable outdoor space for tenants. The basement level includes 3 units, a coin-operated laundry room, and individual storage lockers for each unit. The building includes a paved parking lot, offering one parking space per unit, an excellent amenity in the downtown core. Five units are currently vacant and require upgrades, creating outstanding upside for an investor looking to renovate and increase rental income. With the strong demand for downtown housing, this property presents a prime opportunity to reposition and elevate the asset. Additional features include an NTI Oil-Fired Boiler, only 7 years old, providing efficient heat to the building. Whether you?re expanding your portfolio or entering the multi-unit market, 73 Euston Street delivers location, structure, and significant value-add potential. (231654267)

Property Summary

Property Type
Multi-family
Building Type
Apartment
Community Name
Charlottetown
Title
Freehold
Land Size
0.25 ac|under 1/2 acre
Built in
1975
Annual Property Taxes
$19,647
Parking Type
Parking Space(s), Parking Space(s)
Time on REALTOR.ca
23 days

Building

Interior Features
Appliances Included
Stove, Refrigerator
Flooring
Concrete, Laminate, Tile, Vinyl
Basement Type
Full (Finished)
Building Features
Features
Balcony
Foundation Type
Poured Concrete
Rental Equipment
None
Heating & Cooling
Heating Type
Furnace, (Oil)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Wood shingles
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Park, Playground, Public Transit, Recreation, Shopping, Marina
Parking
Parking Type
Parking Space(s)

Land

Other Property Information
Zoning Type
Multi-Family
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