If you have been thinking about getting into real estate investing or adding to your portfolio this fully rented triplex is a solid choice! With one 1-bedroom unit and two 2-bedroom units it is already home to great tenants who love the place meaning you can step right in and start collecting rent hassle-free. Location? Cannot beat it! Nestled right in the heart of Summerside this property is just minutes from everything: shopping, restaurants schools churches legion Credit Union Place 7 km waterfront boardwalk and all the city’s amenities. Whether your tenants are commuters or simply enjoy the walkable lifestyle they will love the location! Built with Island stone and durable vinyl siding giving it that sturdy low-maintenance appeal: less upkeep for you! Plus there is even a shed out back for extra storage for the tenants. Bottom line? This is a great investment that’s already working for you. Do not wait too long. Opportunities like this don’t stick around! 8% Cap rate!!
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Zillow last checked:
Listing updated:
Listed by:
Nicolle Morrison,PEI - Sales,
CENTURY 21 NORTHUMBERLAND REALTY,
Marc Morrison,PEI - Sales,
CENTURY 21 NORTHUMBERLAND REALTY
Source: Prince Edward Island REA,MLS®#: 202528394
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Heating
Baseboard, Furnace, Hot Water
Appliances
Included: Stove, Dryer, Washer, Refrigerator
Features
Flooring: Vinyl
Basement: Full,Partially Finished
Property
Parking
Parking features: Dirt, Parking Spaces(s), No Garage
Lot
Size: 8,712 Square Feet
Dimensions: 0.2
Features: Under 0.5 Acres
Details
Additional structures: Shed(s)
Parcel number: 304915
Zoning: --
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Materials
Stone, Vinyl Siding
Foundation: Stone
Roof: Asphalt
Condition
Year built: 1932
Utilities & green energy
Sewer: Municipal
Water: Municipal
Community & HOA
Community
Features: Park, Playground, Near Public Transport, Recreation Center, School Bus Service, Shopping, Marina