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Renanza Realty
For sale

91 Central Street

Summerside, Prince Edward Island

MLS® 202602893

$899,000

Status
Active
Property type
Multi-family
MLS® number
202602893
Bedrooms
Bathrooms
Year built
1936

Listing description

Amazing opportunity to own a beautifully restored century home that blends timeless character with modern efficiency and strong, reliable returns. Fully renovated in 2020 after an extensive year-long transformation, this exceptional property offers historic charm alongside the infrastructure and upgrades today? s investors expect.

Every element of the renovation was thoughtfully completed to preserve the building? s character while delivering performance and durability. Sweeping staircases, original trim, and soaring ceilings, this property reflects pride of ownership at every turn.

Offering 4 ? 2 bedroom units, one with 1. 5 baths, all with full fire break walls, sound remediation.

high efficiency Heat Pumps & Convect Air Heaters and Separate Hot Water Tanks. Each unit is large, bright, self contained and more beautiful then the last. Custom kitchens were installed in 3 of the units and all units have new appliances including, Fridge, Stove, Stackable Washer, Dryer, Dishwasher & OTR Microwaves.

Egress windows were installed, where needed, Full Electrical upgrade for 200 AMP service, hardwood floors were refinished, Deck was levelled & repaired and Greenfoot Spray Foam insulation was added to the entire foundation. These are just a few of the renovations, see attached for full list. The building is gorgeous and so are the tenants.

All tenants have been carefully selected by the Owner, all have a deep appreciation for the building and the work completed & all wish to stay on when the building changes hands and all pay their own utilities. If you are seeking a maintenance free investment, a solid updated building with amazing tenants in a prime city location, 91 Central is the perfect property. Located in the heart of Summerside, residents enjoy walking access to shops, restaurants, and the continued revitalization of this vibrant waterfront city.

Property summary

MLS® number
202602893
Property type
Multi-family
Building type
Fourplex
Title
Freehold
Land size
0.21
Built in
1936
Annual property taxes
$7,506.00
Parking
Parking Space(s)
Days on market
190 days

Features & details

Heating
Baseboard heaters, Electric, Wall Mounted Heat Pump
Cooling
Air Conditioned
Flooring
Hardwood, Carpeted, Ceramic Tile
Appliances
Washer, Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo
Exterior features
Stone, Vinyl
Lot features
Balcony

What would this home cost you?

Based on the $899,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,183 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of PROVINCIAL REALTY, CHARLOTTETOWN.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.