This well established seven unit rental property is in good shape, fully rented will long term established tenants in most units. The two buildings sit on 3.3 acres with 3 driveways and lots of paved parking. Property has a large stand of mature birch and maple. Five unit building has one 2 bedroom unit and four 1 bedroom units. Each recently renovated, one unit has new heat pump installed 2018, one unit has vaulted ceilings and each unit has deck and private fenced in backyard area as well as storage area in basement. There is also a laundry area in basement with 2 washers and dryers. Recent renos include furnace replaced, most of the roof reshingled and most recently two egress windows added in basement with two additional units framed and ready to be finished. Second building is two bedroom bungalow with garage converted to a 1 bedroom unit. Roof reshingled on this building in 2018 and heat pump installed. Only 20 minutes to Summerside and 30 minutes to Charlottetown vacancies are rare. Also included is mobile office trailer, 7 frigs, 7 stoves, 2 washer and 2 dryers. The 3+ acre land base should allow for expansion if purchaser desires additional units.
Lot Size (ac)
Circular, Double, paved
forced Air, Heat Pump
7 Stoves, 7 Fridges, 2 Washers, 2 Dryers
1 Bedrooms Units
2 Bedroom Units
Listing Office: CENTURY21 NORTHUMBERLAND REALTY
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629 Water St East, Summerside PE C1N4H8
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