$ 439.900

246 248 Cumberland Street 38 Longworth Street, Charlottetown

  • Living area: 3078 square feet
  • Type: Commercial
  • Added: 165 days ago
  • Updated: 143 days ago
  • Last Checked: 6 hours ago
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 and conveniences. Each unit is equipped with fridge, stove, washer and dryer and have 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:1945)

Property DetailsKey information about 246 248 Cumberland Street 38 Longworth Street

  • Stories: 2
  • Year Built: 1943
  • Construction Materials: Wood frame

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Other
  • Living Area: 3078
  • Above Grade Finished Area: 3078
  • Above Grade Finished Area Units: square feet

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 246 248 Cumberland Street 38 Longworth Street

  • Water Source: Municipal water
  • Parking Features: Paved Yard, Parking Space(s)
  • Lot Size Dimensions: 0.078

Location & CommunityUnderstand the neighborhood and community

  • Directions: Corner of Cumberland St and Longworth St
  • Common Interest: Freehold

Business & Leasing InformationCheck business and leasing options available at 246 248 Cumberland Street 38 Longworth Street

  • Business Type: Residential

Tax & Legal InformationGet tax and legal details applicable to 246 248 Cumberland Street 38 Longworth Street

  • Tax Year: 2024
  • Parcel Number: 364182
  • Zoning Description: Multi Unit

Additional FeaturesExplore extra features and benefits

  • Security Features: Smoke Detectors
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Nearby Listings Stat

Active listings
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Max Sold Price
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Avg Sold Price
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Days until Sold
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Nearby Places

Name
Type
Address
Distance
Holland College
It is named after British Army engineer and survey...
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Hunter's Ale House
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Lot 30
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0.6 km
STARBUCKS COFFEE
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56 University Ave
0.6 km
Timothy's World Coffee
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0.6 km
Maple Grille
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Cedar's Eatery
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0.6 km
More Details?
Christine McAleer
  • Christine McAleer
  • COLDWELL BANKER/PARKER REALTY HUNTER RIVER
  • 902-394-2072
  • WebSite

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