$ 799.000

6948 Rustico, North Rustico

  • Bedrooms: 4
  • Bathrooms: 3
  • Type: Townhouse
  • Added: 442 days ago
  • Updated: 80 days ago
  • Last Checked: 6 hours ago
Excellent income opportunity - year round or seasonal rentals! This 6 unit, fully furnished property currently operating as a seasonal business consists of 1 - 4BR winterized house, 2 duplex units; each with a 1BR and a 2BR unit and a standalone 3BR chalet. Continue to operate seasonally, with PEI's lucrative tourism based short term rental market, or, decide to rent as long term rentals. The main house has a newly installed propane forced air furnace, new water heater with other recent updates including: roof, 200 amp panel and 5' deep, heated in-ground pool. The other units are also insulated and heated and would only require some skirting insulation and minor additions to be winter ready! Fantastic opportunity to live in the heart of PEI's North Shore Communitiy while earning an income at the same time! (id:1945)
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Property DetailsKey information about 6948 Rustico

  • Heating: Baseboard heaters, Radiant heat, Forced air, Oil, Electric, Propane, Hot Water, Furnace
  • Structure Type: Apartment
  • Exterior Features: Wood siding
  • Foundation Details: Unknown, Poured Concrete

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Laminate, Ceramic Tile, Linoleum
  • Appliances: Washer, Refrigerator, Oven, Dryer, Microwave

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 6948 Rustico

  • View: View of water
  • Water Source: Drilled Well
  • Lot Size Units: acres
  • Parking Features: Parking Space(s), Parking Space(s)
  • Lot Size Dimensions: 1.26

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Utilities & SystemsReview utilities and system installations

  • Sewer: Septic System

Tax & Legal InformationGet tax and legal details applicable to 6948 Rustico

  • Zoning: Multi-Family
  • Tax Year: 2023
  • Parcel Number: 641449
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Nearby Listings Stat

Active listings
1
Min Price
$799,000
Max Price
$799,000
Avg Price
$799,000
Days on Market
441 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

Name
Type
Address
Distance
Fisherman's Wharf Lobster Suppers
Restaurant
7230 Rustico Rd
1.2 km
North Rustico
North Rustico became a town on November 16, 2013...
1.3 km
Blue Mussel Cafe
Cafe
312 Harbourview Dr
2.0 km
North Rustico Harbour Light
It is still active, and has a focal plane of 12.5 ...
2.0 km
Farmers Bank Museum
Museum
Rustico
3.6 km
Lot 23, Prince Edward Island
Lot 23 was awarded to Allan and Lauchlin MacLeane ...
3.6 km
The Pearl Cafe
Restaurant
7792 Cavendish Rd
4.2 km
New Glasgow, Prince Edward Island
It is situated on the River Clyde....
4.3 km
White Sands Cottages and Campground Resort
Campground
226 Cape Rd
4.5 km
Cymbria Campground
Rv park
Rte 242
4.9 km
Prince Edward Island Preserve Company
Store
2841 New Glasgow Rd
4.9 km
The Olde Glasgow Mill Restaurant
Restaurant
5592 Route 13
4.9 km
Additional Information about 6948 Rustico

This Townhouse at 6948 Rustico North Rustico, PE with MLS Number 202319011 listed by Ken Smallwood - NORTHERN LIGHTS REALTY LTD. on North Rustico market 442 days ago at $799,000

The current price of the property is $799,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 15% down payment, the total amount borrowed would be $679,150. This would result in a monthly mortgage payment of $3,736 over a 25-year amortization period.

More Details?
Ken Smallwood
  • Ken Smallwood
  • NORTHERN LIGHTS REALTY LTD.
  • 902-393-1634

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