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53 Spring Park Road
Charlottetown Charlottetown C1A 3X9

$899,900
Multi-family built: 1956

Main Photo: 53 Spring Park Road in Charlottetown: Multi-family for sale : MLS®# 202318957
Photo 1: 53 Spring Park Road in Charlottetown: Multi-family for sale : MLS®# 202318957
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Photo 39: 53 Spring Park Road in Charlottetown: Multi-family for sale : MLS®# 202318957
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
202318957
Year Built:
1956
Investors, take note! Presenting a rare and unparalleled investment opportunity in the heart of Downtown Charlottetown. This extraordinary 5-unit building showcases an irresistible blend of historical charm and state-of-the-art renovations. With a stellar combination of 4 one-bedroom apartments and a luxurious 3-bedroom unit, this property promises an enticing investment portfolio for discerning buyers. Extensive, high-quality updates completed within the last 2 years including but not limited to: All new 1.5" thick exterior insulation adding an additional R7.5, and sleek new vinyl siding. All new high-efficiency windows and doors for elevated aesthetics and insulation. Stripped back to the studs and revamped with updated interior insulation, vapor barrier, and electrical systems. All new, durable and aesthetically pleasing flooring, Modern, functional, and fully-equipped kitchens with high-end finishes. All units feature newly designed, spa-like bathrooms for utmost comfort. In-unit laundry facilities in 3 apartments and a shared common laundry area for the remaining 2 units. Newly upgraded electrical service allows for separate metering for each unit, streamlining utility costs for tenants and owners alike. A brand-new fire escape has been installed in compliance with all safety standards. For added peace of mind, all renovations are backed by a craftsmanship warranty from the reputable Construction Company that completed the work. Welcome to Your Next Investment Opportunity in Downtown Charlottetown! REALTOR® is related to one of the owners. (id:2493)
Property Type:
Multi-family
Transaction Type:
For sale
Ownership Type:
Freehold
Community:
Charlottetown
Amenities:
Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Marina
Community Features:
School Bus
Rental Equipment:
None
Building Type:
Apartment
Building Amenities:
Laundry Facility
Appliances Included:
Stove, Dryer, Washer, Washer/Dryer Combo
Age:
67 years
Equipment:
None
Exterior Finish:
Vinyl
Fireplace:
No
Floor finish:
Carpeted, Ceramic Tile, Laminate
Foundation:
Poured Concrete
Heating:
Baseboard heaters, Forced air, Furnace
Heating Fuel:
Oil
Water:
Municipal water
Sewer:
Unknown
Basement:
Full (Unfinished)
Basement Development:
Unfinished
Land Amenities:
Golf Course, Park, Playground, Public Transit, Recreation, Shopping, Marina
Acreage:
No
Lot Size:
under 1/2 acre
Parking Type:
Gravel, Parking Space(s)
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Listed by PROVINCIAL REALTY
Data was last updated December 5, 2023 at 05:15 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$3,941,000
Min list price:
$299,000
Max list price:
$7,300,000
Avg days on market:
83
Min days on market:
4
Max days on market:
377
These statistics are generated based on the current listing's property type and located in Charlottetown. Average values are derived using median calculations.

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