Primary photo of 205 Water Street, Summerside
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House For Sale

$429,900

MLS® Number: 202522262

Bedrooms

5

Bathrooms

2

Land Size

0.1

Year Built

1923

205 Water Street, Summerside, Prince Edward Island

About This Property

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 Details

Interior Details

Appliances

Washer, Stove

Basement

Full

Bathrooms Partial

1

Bathrooms Total

2

Bedrooms Total

5

Flooring

Tile, Hardwood

Heating

Oil, Electric, Radiator, Hot Water

Building & Exterior

Exterior Features

Other

Foundation Details

Poured Concrete

Parking Features

Detached Garage, Exposed Aggregate

Stories

2.5

Year Built

1923

Land & Location

City Region

Summerside

Lot Size Area

0.1

Lot Size Dimensions

0.10

Parcel Number

309955

Postal Code

C1N1B4

Listing & Financials

Listing Office

CENTURY 21 NORTHUMBERLAND REALTY

Originating System Name

Prince Edward Island Real Estate Association

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($85,980)
5.5%
25 Years

Estimated Monthly Payment

$2,112

Principal and interest only. Actual rates may vary.

Location & Map

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List Property5 Bed House for Sale — 205 Water Street, Summerside | $429,900 | Lify.ca