5 Chestnut Street, Charlottetown, Prince Edward Island C1A1Z5

5 Chestnut Street

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:30983)

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Details
For Sale
: Charlottetown
: Public Transit, Park, Recreation, Shopping, Playground
: Freehold
: Triplex
: Multi-family
: Cable Tv
Unfinished
Building
: Laminate, Hardwood, Ceramic Tile
Municipal water
: Municipal Sewage System
: Poured Concrete
: Full (unfinished)
: Baseboard Heaters, Hot Water
Oil
: Dishwasher, Refrigerator, Oven, Washer/dryer Combo
Lot
under 1/2 acre
Parking Space(s)
: School Bus
Park, Playground, Public Transit, Recreation, Shop
ROYAL LEPAGE PRINCE EDWARD REALTY

5 Chestnut Street

Charlottetown, Prince Edward Island C1A1Z5

$560,000
MLS® #202315832
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