Income producing three unit apartment building with on-site parking in the heart of Charlottetown, near Holland College and walking distance to all of the amenities. These well kept and clean apartments include: One 2 bedroom unit, two 1 bedroom units, and one detached garage that is insulated and has heat, lights, and sealed exhaust fan. All units are equipped with the fridge, stove, washer and dryer and are nicely laid out with large living spaces. This property would be an easy property to own with the option of having all three units rented or with the option of living in the main level apartment that is closest to the detached garage and offers the most privacy conveniences. Each unit is equipped with fridge, stove, washer, and dryer and their own private entrances, and electrical convection heat. Units in this area are in high demand and the building currently have good tenants. This is a great opportunity for a potential buyer who is looking for a home in downtown Charlottetown, who can purchase and move into the main level dwelling unit such as 246 Cumberland St. and continue to rent out to the tenants in the other two units. Another benefit of being owner occupied is receiving the residential tax credit. Each unit has its own electrical metre and the building is equipped with four services metres and also has a full basement. Some of the updates include the purchase of a fridge, stove, washer, dryer, back up water valve installed in the basement for a preventative measures, inside painting, insulation, replacing door knobs, light fixtures, and sink drain kit. This property is perfect for any investor that is looking for a solid income building or a buyer who is looking for a home with garage that generates income to pay the mortgage. The garage is currently being used as a hobby woodworking workshop and the equipment is sold separately. All measurements are approximate. (id:55598)
- MLS® 202500129
- Date Listed01/03/2025
- Days on Realty 4 Days
- Bedrooms 4
- Bathrooms 3 baths
- Lot Size -
- Sewer Public Sewer
- Subdivision Charlottetown
- Property Type Single Family Residence
- Year Built 1944
- Water Public
Interior Features
- Appliances Stove, Dishwasher, Dryer, Washer, Refrigerator
- Flooring Ceramic Tile, Laminate, Vinyl
- Heating Baseboard Heaters, Electric
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Sales & Tax History
Source: Public Records
91/100
Walker's Paradise
Walk Score ®
0/100
Minimal Transit
Transit Score ®
76/100
Very Bikeable
Bike Score ®
Overview
Daily errands do not require a car. It is possible to get on a bus. Biking is convenient for most trips.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 23/100, Transit Score: 0/100, Bike Score: 39/100.
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Frequently Asked Questions for 246 CUMBERLAND Street|248 Cumberland Street and 38 Longworth Street
Source: Realty.com
246 CUMBERLAND Street|248 Cumberland Street and 38 Longworth Street, Charlottetown, PE C1A5C7 is a Single Family Residence, Residential property listed for $439,900 The property is 0 sq. ft with 4 bedrooms and 3 bathrooms
Realty.com has 50 photos of 246 CUMBERLAND Street|248 Cumberland Street and 38 Longworth Street.
Our records indicate that 246 CUMBERLAND Street|248 Cumberland Street and 38 Longworth Street was built in 1944.
The full address for this home is 246 CUMBERLAND Street|248 Cumberland Street and 38 Longworth Street, Charlottetown, PE C1A5C7.
246 CUMBERLAND Street|248 Cumberland Street and 38 Longworth Street has been listed on Realty.com since Fri January 03, 2025
Daily errands do not require a car. It is possible to get on a bus. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 23/100, Transit Score: 0/100, Bike Score: 39/100.
Listing provided courtesy of:
COLDWELL BANKER/PARKER REALTY HUNTER RIVER
(tel: (902) 964-7653)
Listing agent:
Christine McAleer
(tel: (902) 394-2072)
This content last refreshed on 2025-01-07 12:14:57. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.