




This multi-family in Summerside is available for your consideration. Built in 1961, 1 storey. The property has zoned Multi-Family. The home features hardwood and laminate flooring, baseboard heaters, electric heating, a finished, full basement.
Completely updated, this VACANT triplex offers an exceptional investment opportunity in one of Summerside?s most desirable residential areas. The property features two bright 3-bedroom units and one 1-bedroom unit, each thoughtfully designed with full kitchens, comfortable living areas and large windows that bring in abundant natural light. Recent upgrades enhance long-term value and appeal, including heat pumps with air conditioning for efficient comfort and shared in-building laundry for tenant convenience. The third unit was professionally developed within the existing structure. The property has excellent curb appeal and ample parking for residents. Set on a quiet street surrounded by family homes, this property combines strong rental income with an ideal location close to schools, shopping, restaurants and the Summerside waterfront boardwalk. Tenants enjoy easy access to nearby parks, trails and recreational amenities, making it a sought-after address within the city. A large front and back yard add outdoor space rarely found in multi-unit properties, contributing to lasting tenant satisfaction and low turnover. Whether expanding an existing portfolio or starting an investment journey, this updated triplex delivers immediate returns and long-term stability in a thriving community known for its coastal charm and steady rental demand. (id:60351)
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Listed by Ginger Andrews, EXP REALTY OF CANADA INC.
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Listing represented by Ginger Andrews, EXP REALTY OF CANADA INC. · MLS# 202528019
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.