PE
Tignish
C0B2B0
1 & 3 Fisher Lane
1 & 3 Fisher Lane, Tignish, PE C0B2B0
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Listing Type
Multi Family
Listing Status
active
41
$4,990,000

Home Details for 1 & 3 Fisher Lane

Price
$4,990,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
2022
Parking
Days on site
23
Listing #
202527991
Property Description

An exceptional investment opportunity in western Prince Edward Island. Noah?s Place consists of two modern 12-unit apartment buildings located at 1 & 3 Fisher Lane in the community of Tignish. Together they sit on 1.12 of an acre and offer a total of twenty-four residential units across approximately 28,500 square feet of quality construction. Each building includes a well-balanced mix of one one-bedroom, nine two-bedroom, and two three-bedroom apartments, all featuring private outdoor balconies that add comfort and appeal for tenants. Built to high standards with ICF construction, steel roofing, energy-efficient all-electric heating ( convect air/ heat pumps), LED lighting, and an elevator in each building, this property delivers durability, efficiency, and low operating costs. The site provides 48 paved parking spaces, ensuring ample parking for tenants and visitors. Both buildings are fully leased with reliable, long-term tenants, providing consistent cash flow and a strong cap rate. Noah?s Place is a turn-key asset requiring minimal maintenance and management attention. This is the first apartment building in West Prince featuring the convenience of an elevator, Located in the heart of Tignish, a welcoming coastal community known for its strong local economy and close-knit character, this investment combines stability, performance, and long-term value. (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Heat Pump
    • Electric
Listing Courtesy: CENTURY 21 NORTHUMBERLAND REALTY
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EXIT REALTY PEI
41 MacLeod Crescent, Charlottetown, PE C1E 3K2
Pamela Foy
License #: 36442
Sales Representative
Office
902 892 7653
Agent
902 315 1035
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