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MLS® 202603336

Overview

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $3,705
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 202603336

Property Address: 16-18 Spring Park Rd, Charlottetown, PE, C1A3X6

Average square foot calculated using Size range provided by listing agent.

Description

Prime downtown Charlottetown triplex offering location, stability, and strong income performance. Situated close from cafés, restaurants, schools, shopping, and the waterfront, this fully rented multi-unit property sits in one of the city?S most walkable and consistently high-demand rental corridors. The building features three self-contained units (2 x 3-bedroom units and 1-bedroom unit) generating $58, 620 in annual gross income. Excellent opportunity for investors seeking a stabilized asset with proven cash flow or owner-occupiers looking to offset living expenses with rental revenue. Capital items addressed, included the roof replaced (2021) and a new oil-fired boiler system with fiberglass oil tank (2021) indirect water heater (2024). On-site parking spaces add significant downtown convenience and long-term tenant appeal. R3 zoning provides flexibility and strong underlying land value in the urban core. A rare opportunity to acquire a well-located, income-producing property in the heart of Charlottetown?S established downtown neighbourhood. Note list agent is also the property owner. (id:58753)Show Description
MLS® Number202603336
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
DrivewayParking Space(s), Gravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

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