Montague, PE C0A1R0 514-516 MAIN Street
$2,779,900
30 more
Presented By: EAST COAST REALTY
Home Details
This property offers not one, but two commercial buildings with a total of 23 units! Featuring 18 one-bedroom units and 5 two-bedroom units, this centrally located property in Montague is poised to be a lucrative investment. Located at 514 Main Street, this property has a walking score of 70 with most errands being very walkable. The lower level boasts approximately 4,256 square feet of unfinished space, presenting ample potential for further development and increased cash flow. Each building occupies approximately 9.4% of the parcel, suggesting additional room for expansion. The property benefits from convenient access and exit points on both Main Street and Queens Road. With numerous grants available for multi-unit buildings, this investment offers existing cash flow and the potential for additional units, making it an exceptional opportunity. (id:7434)
Presented By: EAST COAST REALTY
Interior Features for 514-516 MAIN Street
Other Interior Features
Basement DevelopmentUnfinished
Basement TypeFull (Unfinished)
Building Fireplace PresentFalse
Building Heating FuelOil
Building Heating TypeFurnace, Radiator
Flooring TypeCarpeted, Tile, Vinyl, Other
General for 514-516 MAIN Street
AmenitiesPark, Playground, Shopping, Marina
Building AppliancesStove, Dishwasher, Dryer, Washer, Refrigerator
Building TypeApartment
CommunityNameMontague
Foundation TypePoured Concrete
Ownership TypeFreehold
Property TypeMulti-family
ZoningTypeMulti-Family
Exterior for 514-516 MAIN Street
Exterior FinishWood shingles, Vinyl
Land Amenities Park, Playground, Shopping, Marina
SewerMunicipal sewage system
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty