20-28 Miah Drive

$3,000,000

20-28 Miah Drive

Cornwall, PE

Type
Multi-family
Status
Active
MLS®
202605340

About this property

High-Performing 12-Unit Investment Opportunity in Cornwall! Positioned in one of Cornwall?s fastest-growing rental markets, this 12-unit, two-building property offers a compelling opportunity for investors seeking stable cash flow and long-term income growth. The asset is comprised of ten 2-bedroom units and two 1-bedroom units, a highly desirable unit mix that consistently attracts quality tenants. With a proven track record of full occupancy and reliable income, this property delivers immediate returns with minimal operational lift. Each unit is fully equipped with modern, tenant-focused features, including in-suite laundry, heat pumps, and complete appliance packages (fridge, stove, microwave, dishwasher, washer, and dryer) supporting strong rental demand and tenant retention. Significant recent upgrades include the addition of solar panels, improving overall efficiency and contributing to reduced operating expenses and stronger net income performance. This is a turn-key, professionally maintained asset ideal for investors looking to scale their portfolio with a low-vacancy, income-generating property in a high-demand location. (id:66946)

Features

vinylschool busbalconywasherrefrigeratorintercomdishwasherstovedryermicrowaveparking space(s)

Listing courtesy of ROYAL LEPAGE PRINCE EDWARD REALTY. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.