$440,000
Unlock Price Rating!

43 King Street, Summerside, PE C1N2T1

4 Beds
3 Baths
0 Sq Ft

This 2 unit property boasts a 7.7% cap rate and Cash on Cash ROI of 9.5%. Very solid revenue potential in a great downtown location. This meticulously maintained property has been updated from top to bottom, side to side, inside & out, in recent years. It is just like new. Rebuilt from the ground up with ICF foundation, siding, windows, doors, roof, insulation, wiring, plumbing, cabinets, paint, flooring and the list goes on. It will require next to nothing for many years to come. Centrally located, tenants will enjoy the short walk to amenities, schools, downtown & the gorgeous Summerside waterfront & boardwalk. Inside we find a very spacious and inviting layout on the main floor as we enter the chef's kitchen with an abundance of counter space & cupboards galore. The kitchen flows into a gorgeous and bright dining room, perfect for hosting large get togethers or an intimate dinner for two. The spacious living room and separate sitting area at the bottom of the stairs complete the main floor with charm and grace. Upstairs we find 3 good sized bedrooms and second full bath. The heat pumps on each level ensure year round comfort throughout! The private entrance to the basement suit is located through the backyard, and offers a separate parking space as well. This fully functional 1 bedroom unit is tasteful and will maximize revenue, being located in this thriving community. Complete with dishwasher, full bath and in-suite laundry, this space is completely self sufficient and ready for tenants. Rounding out this offering are the fenced backyard and detached 1.5 car garage. Savvy investors will know, this property is not to be overlooked. Ask your agent for a copy of the pro forma. (id:55598)

  • MLS® 202425957
  • Date Listed11/01/2024
  • Days on Realty 69 Days
  • Bedrooms 4
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision Summerside
  • Property Type Duplex
  • Year Built 2024
  • Water Public

Interior Features

  • Appliances Stove, Dishwasher, Dryer, Washer, Microwave, Refrigerator
  • Flooring Engineered hardwood, Laminate, Tile, Vinyl
  • Cooling Air Exchanger
  • Heating Baseboard Heaters, Wall Mounted Heat Pump, Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Landscaped

Sales & Tax History

Source: Public Records

Walkability in PE / C1N2T1

Source: Walkscore

64/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

45/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 27/100.

Points of interest near 43 King Street, Summerside, PE C1N2T1

Frequently Asked Questions for 43 King Street

Source: Realty.com

43 King Street, Summerside, PE C1N2T1 is a Duplex, Residential property listed for $440,000 The property is 0 sq. ft with 4 bedrooms and 3 bathrooms

Realty.com has 48 photos of 43 King Street.

Our records indicate that 43 King Street was built in 2024.

The full address for this home is 43 King Street, Summerside, PE C1N2T1.

43 King Street has been listed on Realty.com since Fri November 01, 2024

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 27/100.

Listing provided courtesy of: ROYAL LEPAGE PRINCE EDWARD REALTY
Listing agent: Steve Nabuurs (tel: (902) 218-9620)

This content last refreshed on 2025-01-09 15:40:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 43 King Street, Summerside, PE C1N2T1 : MLS® 202425957