Property Information:

Discover the potential of 205 Water Street in the heart of downtown Summerside, PEI! This versatile property features a spacious 5-bedroom residence above, ready for your personal touch, alongside two thriving commercial rentals on the main level. With current tenants already in place, this is an ideal opportunity for those looking to live in the vibrant downtown area while running a business or managing rental income. The residential space has new windows and updated electrical, with some cosmetic renovations already started in the bathroom, waiting for your finishing touches. Imagine the possibilities of a weekly rental above, combined with established commercial leases below. Don’t miss your chance to invest in a prime location on the Main Street of PEI's second-largest city .Lot goes street to street —opportunities like this are rare and endless!

Property Features:

Bedrooms: 5
Bathrooms: 2
Annual Tax Amount: $2,513
Appliances Included: Stove, Washer
Basement: Full
Building Style: 2.5 Storey
Built in: 1923
Driveway/Parking: Exposed Aggregate
Exterior Finish: Other
Floor Space (approx): 2892 Square Feet
Flooring: Hardwood, Tile
Foundation: Concrete
Fuel Type: Electric, Oil
Heating/Cooling Type: Hot Water, Radiator
Land Features: Cleared
Lot Size: 0.10
Property Size: Under 0.5 Acres
Rental Equipment: None
Roof: Asphalt Shingle
Sewage Disposal: Septic
Structures: Deck
Title to Land: Freehold
Utilities: Electricity, High Speed Internet
Water Source: Municipal
Garage: Detached, Single

Rooms:

Other 2nd Level Back Entry 13.11 x 14
Kitchen 2nd Level 14 x 14.6
Other 2nd Level Hall 7 x 25
Living 2nd Level 18.4 x 13.6
Bedroom 2nd Level 18.4 x 12
Kitchen 2nd Level 9 x 14
Bedroom 3rd Level 12 x 14
Bedroom 3rd Level 9 x 14
Bedroom 3rd Level 10 x 11
Bedroom 3rd Level 7 x 15
Other Main Level Store 18 x 30
Other Main Level Store 17 x 20
Bathroom 3rd Level 8 x 10
Bathroom Main Level 4 x 4

Courtesy of: CENTURY 21 NORTHUMBERLAND REALTY

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Demographic Information of 205 Water Street, Summerside, PE, C1N 1B4