5 Chestnut Street, Charlottetown, Prince Edward Island, C1A1Z5
Sales Representative
RE/MAX CHARLOTTETOWN REALTY Brokerage
Cell: 902-940-7151
Tel: 902-892-2000
$560,000 - For sale
Welcome to the heart of Charlottetown, where we present an outstanding income property - a fully renovated triplex offering a unique investment opportunity. Located in the vibrant heart of Charlottetown, this triplex boasts an ideal location, surrounded by a thriving community and close to all amenities. With a convenient location, tenants will enjoy easy access to schools, shopping centers, parks, and public transportation. The property underwent a complete renovation in 2016, leaving no detail untouched. From top to bottom, everything has been upgraded to ensure modern comfort and functionality. Updates include new windows, doors, flooring, kitchens, and bathrooms, showcasing contemporary design and high-quality materials throughout. The triplex is equipped with high-end efficiency features, such as a modern furnace, water heater, and stainless-steel flue liner, ensuring reduced utility costs and increased overall efficiency. Investors will appreciate the peace of mind that comes with a new roof, updated electrical and plumbing systems, and new decks, all of which contribute to the property's long-term durability and low maintenance. One of the most attractive aspects of this triplex is its exceptional cash flow. With three units generating rental income, this property provides a steady and impressive return on investment. Additionally, the incredibly low vacancy rate adds to the attractiveness of this income-generating asset. Whether you are an experienced investor looking to expand your portfolio or a first-time buyer interested in an income property, this triplex in the heart of Charlottetown offers an opportunity that is hard to resist. Take advantage of this fantastic investment and secure your financial future with this thriving income property. Don't miss out on this gem in one of the most sought-after locations in Charlottetown! All measurements appox. (id:2471)
- Property Address:5 Chestnut Street, Charlottetown, Prince Edward Island, C1A1Z5
- Property Type:Multi-family
- Community Name:Charlottetown
- Title:Freehold
- Lot Size:under 1/2 acre
- Acreage:under 1/2 acre
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Driveway:Parking Space(s)
- Structure Style:Triplex
- Heating Type:Oil, Baseboard heaters, Hot Water
- Flooring:Ceramic Tile, Hardwood, Laminate
- Basement Type:Full (Unfinished)
- Foundation Type:Poured Concrete
- Appliances Included:Oven, Dishwasher, Washer/Dryer Combo, Refrigerator
- Rental Equipment:None
- Amenities Nearby:Park, Playground, Public Transit, Recreation, Shopping
Sales Representative
RE/MAX CHARLOTTETOWN REALTY Brokerage
Cell: 902-940-7151
Tel: 902-892-2000
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- Map 5 Chestnut Street, Charlottetown, Prince Edward Island, C1A1Z5
- Neighbourhood Information
5 Chestnut Street, Charlottetown, Prince Edward Island, C1A1Z5
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