73 EUSTON STREET

About this residence

Welcome to 73 Euston Street, a rare multi-unit investment opportunity located in the heart of downtown Charlottetown. Situated on 0.258 acres, this solid-brick building offers incredible potential for the value-add investor looking to make their mark in one of Atlantic Canada's most dynamic rental markets. Spanning 7,200 sq. ft., the property consists of 15 apartment units: 8 bachelor units 4 one-bedroom units 3 two-bedroom units Each of the 12 above-grade units features its own 3'6" x 8' private patio ? a genuinely desirable outdoor amenity that sets this building apart in the downtown core. The fully developed basement level includes 3 additional units, a coin-operated laundry room, and individual storage lockers for every tenant. A paved parking lot offering one space per unit rounds out the package, a premium convenience for downtown residents. With 6 units currently vacant and rents below market, the upside here is both immediate and tangible. Charlottetown's downtown rental market continues to be driven by strong population growth and persistent demand for centrally located housing, Whether you're expanding your portfolio or making your entry into the multi-unit market, 73 Euston Street delivers the location, structure, and value-add potential that serious investors are looking for. (id:61366)