$ 425.000
PE Charlottetown
3 5 Spring St, Charlottetown, PE C1A3T9 Photo 1
40 Photos
3 5 Spring St, Charlottetown, PE C1A3T9 Photo 2
3 5 Spring St, Charlottetown, PE C1A3T9 Photo 3
3 5 Spring St, Charlottetown, PE C1A3T9 Photo 4
3 5 Spring St, Charlottetown, PE C1A3T9 Photo 5

3 5 Spring St, Charlottetown

  • Type: Multifamily
  • Added: 355 days ago
  • Updated: NaN days ago
  • Last Checked: NaN days ago
  • Type: Multifamily
  • Listed by: Point2
4 unit income property in Orwell Cove, PEI. Property houses (2) 2 Bedroom units and (2) 1 bedroom units. Good income and good return on investment. Fully rented. Property has had numerous updates. New cold start oil fired furnace with new oil tank. In direct hot water heater, most all windows updated, full 8' concrete foundation, foundation is 10 inches thick with reinforcements, roof shingles new in last 8 years and 4 updated bathrooms. Midway between Charlottetown and Northumberland Ferries. 20 minutes to Charlottetown or Montague. Easy access for schools, shopping, golf or beaches.Insurance Expense1389Maintenance Expense1485Heating Bill6007Electricity Bill648Taxes Costs1723.65Approx. Total Expenses11252.65Approx. Net Income22758.35
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Nearby Listings Stat

Active listings
90
Min Price
$59,000
Max Price
$2,985,000
Avg Price
$563,951
Days on Market
112 days
Sold listings
24
Min Sold Price
$130,000
Max Sold Price
$1,355,000
Avg Sold Price
$530,579
Days until Sold
139 days

Nearby Places

Name
Type
Address
Distance
St. Peter's Cathedral (Charlottetown)
Peter's Cathedral, Charlottetown, Prince Edward Is...
0.2 km
All Souls' Chapel (Prince Edward Island)
Peter's Cathedral in Charlottetown, Prince Edward ...
0.2 km
St. Peter's Cathedral Charlottetown
Church
11 All Souls Ln
0.2 km
Hotel Charlottetown
Its most notable guests were Her Majesty Queen Eli...
0.3 km
Rodd Charlottetown
Lodging
75 Kent St
0.3 km
Charlottetown City Hall
It is located at 199 Queen Street at the corner of...
0.4 km
Heritage Harbour House Inn
Lodging
9 Grafton St
0.4 km
Beaconsfield Historic House / Maison Historique Beaconsfield (La)
Museum
2 Kent St RR 2
0.4 km
Jean Canfield Building
It is named after Jean Canfield, the first woman e...
0.4 km
Prince Edward Island Hospital
It was the first public general hospital establish...
0.4 km
St James Gate
Restaurant
129 Kent St
0.5 km
Tim Hortons
Cafe
125 Kent St
0.5 km
Additional Information about 3 5 Spring St

This Multifamily at 3 5 Spring St Charlottetown, PE with MLS Number 202309747 listed by Kevin Quinn - ReMax Charlottetown Reality on Charlottetown market 355 days ago at $425,000

We have found 6 Multifamily that closely match the specifications of the property located at 3 5 Spring St with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 255,000 and 575,000.

The current price of the property is $425,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 20% down payment, the total amount borrowed would be $340,000. This would result in a monthly mortgage payment of $1,987 over a 25-year amortization period.

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