16-20 School Street Montague, PE C0A 1R0
Listing Courtesy of: PRINCE EDWARD ISLAND / Royal Lepage Prince Edward Realty

  16-20 School Street Montague, PE C0A 1R0

Active (24 Days)
$889,000
10
BED
See Similar Listings

Description

Welcome investors, to the Tudor Hall, one of the iconic century buildings in Montague, PEI. Featuring 8-1 Bedrooms and 2-2 Bedrooms, the Tudor Hall is a 10-Unit residential apartment building located beside Montague Intermediate School and minutes of walking to post office, banks, supermarkets, restaurants and amenities. With many stable and long term tenants, the property provide the buyer with positive cash flow since day one. With a 9.9% gross return and over 7% ROI if managed by the buyer, the Tudor hall has yet more to offer. Buyer has the option to expend and convert the vacant lobby space, the vacant theater, and the unfinished basement into useful and cash flowing units on top of what is already cash flowing. New coin-operated washer and oil boiler in 2025. Building is to be sold as is and one of the listing agents is the owner. Measurements are approximate and is to be verified by the buyer.

MLS®:
202521561
Taxes
$6,363(2025)
Type
Multifamily

Listed By

Steve Nabuurs, Royal Lepage Prince Edward Realty
Source
PRINCE EDWARD ISLAND
Last checked Sep 18 2025 at 2:39 PM EDT
Bathroom Details
Property Features
  • Foundation: Concrete
  • Foundation: Block
Heating and Cooling
  • Hot Water
  • Radiator
Basement Information
  • Full
  • Undeveloped
Flooring
  • Laminate
  • Carpet
Exterior Features
  • Other
  • Wood Shingles
  • Roof: Asphalt Shingle
  • Roof: Steel
Utility Information
  • Sewer: Municipal
  • Fuel: Oil
Parking
  • Gravel
  • Paved
  • Parking Spaces(s)
  • Multiple Driveways
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Disclaimer: Copyright 2025 Prince Edward Island Real Estate Association. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/18/25 07:39

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