622 WATER ST , C1N4H8

$499,000

Great location on one of the busiest on the Island. The main through street the City of Summerside. This investment property opportunity with 5 commercial rentals on main level and 8- 1 bedroom apartments on second floor. MAIN FLOOR - Consists of 4325 sq ft. 4 Commercial rentals each with their own bathroom, storage room, front and back doors, lots of parking. Each unit is just over 1080 sq ft. SECOND FLOOR - All are 1 bedroom 500 sq ft each with fridge and stove. Some have been completely renovated. 624 WATER STREET - A 1430 sq ft Commercial one level building built in 1986 on posts. Complete package available at LBO.

For further information contact:
Nicolle Morrison



Property Information:

Listing ID#: 201702601
Type:
Zoning:
# Floors:
Construction:
Heating: Electric
Roofing:
Fire Protection:
Parking: Paved
Land: acre(s)1.09
Area: (sq. ft.)9785
Taxes:$ 11738
Age: 92
Gross Revenue:
Total Expenses: $
Net Income: $


* All financial information given on this site is based on our best knowledge at the time of posting and should not be relied upon when determining cost or affordability of a particular property. You should consult your financial institution before making any undertaking that would be legally binding. All financial postings on this site are based on 5% downpayment. Please note that to purchase real estate with 5% down you will need to be able to obtain mortgage insurance which is not available in all cases. Monthly payments are based on the best posted mortgage rates from a Canadian chartered bank. You will be required to qualify for a mortage. Financial institutions have different means of qualifying you. You should contact your bank to determine if your income qualifies you to purchase the property that you are interested in. Financial information posted here does not take into consideration additional fees that may apply in your situation.


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NICOLLE MORRISON, Century21 Northumberland Realty
Call: 902-436-2265 or Email: nicolle@century21pei.com