53 Spring Park Road Charlottetown, Prince Edward Island C1A 3X9
$899,900
Investors, take note! Presenting a rare and unparalleled investment opportunity in the heart of Downtown Charlottetown. This extraordinary 5-unit building showcases an irresistible blend of historical charm and state-of-the-art renovations. With a stellar combination of 4 one-bedroom apartments and a luxurious 3-bedroom unit, this property promises an enticing investment portfolio for discerning buyers. Extensive, high-quality updates completed within the last 2 years including but not limited to: All new 1.5" thick exterior insulation adding an additional R7.5, and sleek new vinyl siding. All new high-efficiency windows and doors for elevated aesthetics and insulation. Stripped back to the studs and revamped with updated interior insulation, vapor barrier, and electrical systems. All new, durable and aesthetically pleasing flooring, Modern, functional, and fully-equipped kitchens with high-end finishes. All units feature newly designed, spa-like bathrooms for utmost comfort. In-unit laundry facilities in 3 apartments and a shared common laundry area for the remaining 2 units. Newly upgraded electrical service allows for separate metering for each unit, streamlining utility costs for tenants and owners alike. A brand-new fire escape has been installed in compliance with all safety standards. For added peace of mind, all renovations are backed by a craftsmanship warranty from the reputable Construction Company that completed the work. Welcome to Your Next Investment Opportunity in Downtown Charlottetown! REALTOR® is related to one of the owners. (id:50344)
Property Details
| MLS® Number | 202318957 |
| Property Type | Multi-family |
| Community Name | Charlottetown |
| Amenities Near By | Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Marina |
| Community Features | School Bus |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Amenities | Laundry Facility |
| Appliances | Stove, Dryer, Washer, Washer/dryer Combo |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1956 |
| Exterior Finish | Vinyl |
| Flooring Type | Carpeted, Ceramic Tile, Laminate |
| Foundation Type | Poured Concrete |
| Heating Fuel | Oil |
| Heating Type | Baseboard Heaters, Forced Air, Furnace |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Gravel | |
| Parking Space(s) |
Land
| Acreage | No |
| Land Amenities | Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Marina |
| Sewer | Unknown |
| Size Total Text | Under 1/2 Acre |
| Zoning Type | Multi-family |
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 26 2023 06:11:35
Prince Edward Island Real Estate Association
Provincial Realty