82/84 Sydney Street Charlottetown, Prince Edward Island C1A 1G3
$688,688
Nestled in the vibrant heart of Charlottetown's historic core, 82-84 Sydney Street presents a prime triplex property with a captivating blend of period charm and contemporary efficiency. Meticulously maintained, this unique investment (see fixed 5-year financing term) has undergone recent upgrades that tastefully preserve its historical influences while enhancing the overall living experience for tenants. Key Features: Central Historic Location: Situated in Charlottetown's most central and historic district, this triplex offers residents unparalleled access to the city's thriving food, entertainment, boating and commercial hubs. Tenants can savour the rich urban lifestyle right at their doorstep. Thoughtful Upgrades: The property has been thoughtfully upgraded to meet modern standards of efficiency and aesthetics, all while retaining its historical charm throughout the interior. These enhancements not only elevate the property's overall value but also contribute to tenant satisfaction. Diverse Unit Mix: Comprising two spacious 2-bedroom, 2-story apartments and one generously sized studio with a private deck, this triplex caters to a range of tenant preferences. Currently, all units are leased to excellent tenants, ensuring a consistent cash flow and a reliable income stream. Attractive Financing: Investors can take advantage of an attractive financing option featuring a fixed interest rate of 4.4%. This arrangement provides financial stability and peace of mind, with 5 years remaining on the financing agreement. Efficiency Improvements: Recent upgrades, including a new high- efficiency furnace and additional insulation, have significantly improved the building's heating efficiency. This not only reduces operating costs but also positively impacts your return on investment. Off-Street Parking: The property thoughtfully provides off-street parking for both tenants and guests, a valuable amenity in the bustling downtown area. This triplex combines (id:54221)
Property Details
| MLS® Number | 202320639 |
| Property Type | Multi-family |
| Community Name | Charlottetown |
| Amenities Near By | Park, Playground, Public Transit, Shopping |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Appliances | Stove, Dishwasher, Dryer, Washer, Refrigerator |
| Basement Type | Full, Partial |
| Exterior Finish | Wood Shingles |
| Flooring Type | Carpeted, Hardwood, Laminate |
| Foundation Type | Poured Concrete |
| Heating Fuel | Oil |
| Heating Type | Baseboard Heaters, Furnace, Hot Water, Radiator |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) |
Land
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Type | Multi-family |
https://www.realtor.ca/real-estate/26114918/8284-sydney-street-charlottetown-charlottetown
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October 29 2023 03:38:54
Prince Edward Island Real Estate Association
Royal LePage Prince Edward Realty, Exit Realty Pei