For Sale: 250-252 Central Street, Summerside, PE - REW
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$474,700
0 bd ba sf Multifamily
$474,700

250-252 Central StreetSummerside, PE, C1N 3M4

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

250 and 252 Central Street, Beautifully Renovated Two Unit with Income Potential in the Heart of Summerside Welcome to 250 and252 Central Street, a fully updated two unit, two story home on a corner lot in one of Summersides most sought after neighbourhoods.This beautiful property offers the perfect combination of charm, modern convenience, and income potential. Live in one side while the second unit helps offset your mortgage, or rent out both units as a prime investment property. Originally built in 1910 and extensively renovated with over 230 thousand dollars in upgrades, this home blends original character with modern style. The main residence at250 Central makes up about 60 percent of the total living space and features PEI milled birch hardwood floors, a stylish modernkitchen, bright living areas, and thoughtful updates throughout. Efficiently heated with electric, the home is move in ready withupdated appliances included. The second unit at 252 Central is completely separate, covering approximately 40 percent of the home.It includes its own entrance, kitchen, bathroom, and living space, creating a self contained one bedroom apartment. It is currently vacant for your extended family or a renter of your choosing. The yard is a peaceful oasis with mature apple trees and a powered 21x 16 shed, complete with a generator hookup, workbench, and an extra fridge. Perfect for hobby space, storage, or a work shop.There are two civic addresses, two electrical meters, four paved parking spots, and shared municipal water and sewer. Property taxes are billed separately for each unit. This is a rare opportunity to own a move in ready home with built in income in the heart of Summerside. Book your private showing today and see what makes 250 and 252 Central Street such a smart and special property. (id:63626)
Listed by: Christopher Bentley, CENTURY 21 NORTHUMBERLAND REALTY

Home facts and features

Price details
List Price
$474,700
Gross Taxes for 2024
$2,990
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Parking Space(s)
Property Type
Multifamily
Lot Size
0 ft²
Depth
Year Built
Built in 1910 (116 yrs old)
Title
Freehold
Exterior Finish
Vinyl
Heating Type
Electric, Wood, Wall Mounted Heat Pump, Wind Power
Features
Fireplace(s)
Appliances
Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Stove, Washer
Agent details
Primary Agent
Primary Broker
CENTURY 21 NORTHUMBERLAND REALTY
Secondary Agent
Jessica Davis
Secondary Broker
CENTURY 21 NORTHUMBERLAND REALTY
Listing details
Days on REW
27 Days
Property Views
190
MLS® Number
202620150
Source
Canadian Real Estate Association
Board
Prince Edward Island Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Summerside Intermediate School
  • n/a
  • 7 - 9
Parkside Elementary School
  • n/a
  • K - 6
Elm Street Elementary School
  • n/a
  • K - 6
Three Oaks Senior High School
  • n/a
  • 10 - 12
Athena Consolidated School
  • n/a
  • K - 9
Greenfield Elementary School
  • n/a
  • K - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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