67 Central Street, Summerside, Prince Edward Island C1N 3L2

Listed for:
$399,900
0 beds
0 baths
Listed 277 days ago
Apartment for rent: 67 Central Street, Summerside, Prince Edward Island C1N 3L2

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Listing provided by:
RE/MAX HARBOURSIDE REALTY
MLS® number:
202302020
Agent:
Darcy Gallant
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About

Come to 67 Central St in Summerside PEI and find this great income property worth investing in. This is a 5-unit apartment building in the downtown area, it consists of 2 three-bedroom units, a 2 bedroom unit, a large 1 bedroom and a bachelor apt. The building generates $3425 monthly and has long-term tenants. The main floor is the 3 bedroom apt with a large kitchen, dining and living room along with a single bathroom. The second floor has a two bedroom apt, a 1 bedroom apt and a bachelor unit. The third floor is a 3 bedroom apartment. There is a shared laundry located on the main level common area entrance. Plenty of parking and there has been plenty of updates to this building. Each unit has its own electrical meter. Heat is included in the rent. Large basement that is being used for storage. Income and expenses in documents. Walking distance to schools, downtown, Credit Union Place, and Summerside's boardwalk. (id:27476)

Property Highlights

Type
Apartment
Cooling type
Heating fuel
Oil
Fireplace
No
Construction material
Aluminum siding, Vinyl
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This income property with a 5-unit apartment building is located at 67 Central St in Summerside, PEI and is an excellent investment opportunity. The building consists of 2 three-bedroom units, a 2-bedroom unit, a large 1-bedroom unit, and a bachelor apartment. With long-term tenants in place, the building generates $3425 in monthly income. The main floor features a spacious 3-bedroom apartment with a large kitchen, dining and living room, and two bathrooms. The second floor includes a two-bedroom apartment, a 1-bedroom apartment, and a bachelor unit. The third floor is a 3-bedroom apartment. There is a shared laundry facility on the main level and plenty of parking available. The building has undergone numerous updates and each unit has its own electrical meter. Heat is included in the rent, and there is a large basement used for storage. Income and expenses are documented, and the property is conveniently located within walking distance to schools, downtown, Credit Union Place, and Summerside's boardwalk.

This property is currently for sale and sits on a land size of under 1/2 acre. It is located at 67 Central Street in the city of Summerside, Prince Edward Island, with a postal code of C1N3L2. The building exterior is finished with aluminum siding and vinyl, and it uses oil as its heating fuel. The heating type includes baseboard heaters, furnace, hot water, and radiator. The property consists of 3 stories and is classified as an apartment building.