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Prime downtown Charlottetown triplex offering location, stability, and strong income performance. Situated close from cafÃ©s, restaurants, schools, shopping, and the waterfront, this fully rented multi-unit property sits in one of the city?s most walkable and consistently high-demand rental corridors. The building features three self-contained units (2 x 3-bedroom units and 1-bedroom unit) generating $58,620 in annual gross income. Excellent opportunity for investors seeking a stabilized asset with proven cash flow or owner-occupiers looking to offset living expenses with rental revenue. Capital items addressed, included the roof replaced (2021) and a new oil-fired boiler system with fiberglass oil tank (2021) indirect water heater (2024). On-site parking spaces add significant downtown convenience and long-term tenant appeal. R3 zoning provides flexibility and strong underlying land value in the urban core.  A rare opportunity to acquire a well-located, income-producing property in the heart of Charlottetown?s established downtown neighbourhood. (id:31684)

Home Details for 16-18 spring park Road

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