70 Spring Street, Summerside

$324,900

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About this property

Located in a mature, quiet neighborhood within walking distance to most amenities. This character building borders on the beautiful Wyatt Hetitage city park. Partial brick home in good condition with lots of character and with original woodwork inside. You could easily live in the vacant basement apartment and continue renting the other 3 units to subsidize your income or mortgage. Income is based on 3 units being rented. Units on main floor and second floor are quite large with alot of character. Some units have decks which overlook the park. All units currently occupied on a month to month with heat and electricity included. Each of the units are separately metered for electricity if you choose to want the tenants to pay their own expenses. The current owner has had the building for about 10 years and is very easy to operate. New oil Furnace and second level deck in 2025. Well maintained with excellent occupancy. Minimum of 24 hours notice to view. (id:66939)

Property details

Price
$324,900
Lot size
0.12 acres
Property type
Multi-family
Basement
Unknown
MLS® number
202605254

Location

Map showing the location of 70 Spring Street, Summerside

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Listing courtesy of RED- ISLE REALTY INC.. Source board: Prince Edward Island Real Estate Association.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.