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Home PE Greater Charlottetown Queens County Charlottetown Spring Park
581-583 Queen Street
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581-583 Queen Street $729,000
$729,000
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581-583 Queen Street
Charlottetown, Prince Edward Island C1A9C8

MLS® Number: 202601438
6 + 2
Bedrooms
8
Bathrooms

Listing Description

When Viewing This Property On Realtor.ca Please Click On The Multimedia or Virtual Tour Link For More Property Info:Exceptional Investment Opportunity ? Oversized Duplex Near UPEI Extremely large, renovated duplex located in the heart of West Royalty, just minutes from UPEI. Each side offers 4 bedrooms and 3.5 bathrooms, making this property significantly larger than most duplexes on the market ? including a fully finished basement on each side. This well-maintained income property generates $55,000+ in annual rental income with only $17,000 in yearly expenses, delivering a strong and healthy return on investment ? an excellent addition to any real estate portfolio. Property Highlights: Oversized duplex ? larger than typical builds Renovated throughout Both Heating Boilers quite new! 2019 and 2026 Finished basements on both sides with strong, consistent rental income. Walking distance to parks, major grocery stores, and shopping. Fully tenanted ? 24 hours? notice required A rare opportunity to own a high-performing. low-maintenance income property in a sought after City location. (231886877)

Location Description

University Ave to Belvedere Ave to Queen ST

Property Summary

Property Type
Single Family
Building Type
Duplex
Storeys
2
Community Name
Charlottetown
Title
Freehold
Land Size
under 1/2 acre
Built in
1988
Annual Property Taxes
$8,072
Parking Type
Parking Space(s)
Time on REALTOR.ca
11 days

Price and Sale History

Date Status Price
Sep 11, 2020 Sale Closed $413,000

Building

Bedrooms
Above Grade
6
Below Grade
2
Bathrooms
Total
8
Partial
2
Interior Features
Appliances Included
Range, Dishwasher, Dryer, Washer, Refrigerator
Flooring
Laminate
Building Features
Features
Paved driveway
Foundation Type
Poured Concrete
Structures
Deck
Heating & Cooling
Cooling
Air exchanger
Heating Type
Baseboard heaters, Hot Water, (Electric), (Oil)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl
Neighbourhood Features
Community Features
Recreational Facilities, School Bus
Amenities Nearby
Golf Course, Park, Playground, Public Transit, Shopping
Parking
Parking Type
Parking Space(s)

Measurements

Total Finished Area
3430 sqft

Rooms

MetricImperial
Main level
Living room
Dining room
Kitchen
Bath (# pieces 1-6)
Other
Living room
Dining room
Kitchen
Bath (# pieces 1-6)
Other
Second level
Ensuite (# pieces 2-6)
Bedroom
Bedroom
Bath (# pieces 1-6)
Primary Bedroom
Ensuite (# pieces 2-6)
Bedroom
Bedroom
Bath (# pieces 1-6)
Primary Bedroom
Lower level
Bedroom
Ensuite (# pieces 2-6)
Laundry room
Bedroom
Ensuite (# pieces 2-6)
Laundry room

Land

Lot Features
Land Disposition
Cleared
Landscape Features
Landscaped
Other Property Information
Access
Year-round access
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