4 Bedroom
3 Bathroom
Baseboard Heaters
$439,900
Income producing three unit apartment building with on-site parking in the heart of Charlottetown, near Holland College and walking distance to all of the amenities. These well kept and clean apartments include: One 2 bedroom unit, two 1 bedroom units, and one detached garage that is insulated and has heat, lights, and sealed exhaust fan. All units are equipped with the fridge, stove, washer and dryer and are nicely laid out with large living spaces. This property would be an easy property to own with the option of having all three units rented or with the option of living in the main level apartment that is closest to the detached garage and offers the most privacy conveniences. Each unit is equipped with fridge, stove, washer, and dryer and their own private entrances, and electrical convection heat. Units in this area are in high demand and the building currently have good tenants. This is a great opportunity for a potential buyer who is looking for a home in downtown Charlottetown, who can purchase and move into the main level dwelling unit such as 246 Cumberland St. and continue to rent out to the tenants in the other two units. Another benefit of being owner occupied is receiving the residential tax credit. Each unit has its own electrical metre and the building is equipped with four services metres and also has a full basement. Some of the updates include the purchase of a fridge, stove, washer, dryer, back up water valve installed in the basement for a preventative measures, inside painting, insulation, replacing door knobs, light fixtures, and sink drain kit. This property is perfect for any investor that is looking for a solid income building or a buyer who is looking for a home with garage that generates income to pay the mortgage. The garage is currently being used as a hobby woodworking workshop and the equipment is sold separately. All measurements are approximate. (id:54221)
Property Details
MLS® Number
|
202413339 |
Property Type
|
Single Family |
Community Name
|
Charlottetown |
AmenitiesNearBy
|
Golf Course, Park, Playground, Public Transit, Shopping |
CommunityFeatures
|
Recreational Facilities, School Bus |
Structure
|
Deck, Patio(s), Shed |
Building
BathroomTotal
|
3 |
BedroomsAboveGround
|
4 |
BedroomsTotal
|
4 |
Appliances
|
Stove, Dishwasher, Dryer, Washer, Refrigerator |
ConstructedDate
|
1943 |
ConstructionStyleAttachment
|
Link |
ExteriorFinish
|
Vinyl |
FlooringType
|
Ceramic Tile, Laminate, Vinyl |
FoundationType
|
Poured Concrete |
HeatingFuel
|
Electric |
HeatingType
|
Baseboard Heaters |
StoriesTotal
|
2 |
TotalFinishedArea
|
3078 Sqft |
Type
|
House |
UtilityWater
|
Municipal Water |
Parking
Heated Garage
|
|
Parking Space(s)
|
|
Paved Yard
|
|
Land
AccessType
|
Year-round Access |
Acreage
|
No |
LandAmenities
|
Golf Course, Park, Playground, Public Transit, Shopping |
LandDisposition
|
Cleared |
Sewer
|
Municipal Sewage System |
SizeIrregular
|
0.078 |
SizeTotal
|
0.0780|under 1/2 Acre |
SizeTotalText
|
0.0780|under 1/2 Acre |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Foyer |
|
|
6 x 11 (248 Cumberland) |
Second Level |
Dining Room |
|
|
12x12 (248 Cumberland) |
Second Level |
Living Room |
|
|
12x12 (248 Cumberland) |
Second Level |
Kitchen |
|
|
7.6x12.4 (248 Cumberland) |
Second Level |
Bath (# Pieces 1-6) |
|
|
12.3 x 9 (248 Cumberland) |
Second Level |
Laundry Room |
|
|
13 x 9 (248 Cumberland) |
Second Level |
Primary Bedroom |
|
|
15 x 11.7 (248 Cumberland) |
Second Level |
Bedroom |
|
|
15 x 11.7 (248 Cumberland) |
Main Level |
Living Room |
|
|
18 X 13.2 (246 Cumberland) |
Main Level |
Kitchen |
|
|
11.8 X 12.6 (246 Cumberland) |
Main Level |
Bath (# Pieces 1-6) |
|
|
7 x 6 (246 Cumberland) |
Main Level |
Bedroom |
|
|
11.9 x 9 (246 Cumberland) |
Main Level |
Other |
|
|
Deck 9 x 10 (246 Cumberland) |
Main Level |
Storage |
|
|
4 x 8 (246 Cumberland) |
Main Level |
Other |
|
|
Garage 20 x 26 (246 Cumberland |
Main Level |
Living Room |
|
|
17.5 X 15 (38 Longworth) |
Main Level |
Foyer |
|
|
6 x 5 (38 Longworth) |
Main Level |
Bedroom |
|
|
12 x 14 (38 Longworth) |
Main Level |
Kitchen |
|
|
14 x 8.7 (38 Longworth) |
Main Level |
Laundry Room |
|
|
4 x 6 (38 Longworth) |
Main Level |
Bath (# Pieces 1-6) |
|
|
7.3 x 6.10 (38 Longworth) |
Main Level |
Other |
|
|
Walkin Closet 5.7x6 (38 Longw) |
https://www.realtor.ca/real-estate/27019812/246-cumberland-street-248-cumberland-street-and-38-longworth-street-charlottetown-charlottetown