Primary photo of 581-583 Queen Street, Charlottetown
1 / 18

Duplex For Sale

$729,000

MLS® Number: 202601438

Bedrooms

8

Bathrooms

8

Year Built

1988

581-583 Queen Street, Charlottetown, Prince Edward Island

About This Property

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.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Dishwasher, Range, Dryer

Bathrooms Partial

2

Bathrooms Total

8

Bedrooms Total

8

Cooling

Air exchanger

Flooring

Laminate

Heating

Baseboard heaters, Oil, Electric, Hot Water

Building & Exterior

Exterior Features

Vinyl

Foundation Details

Poured Concrete

Parking Features

Parking Space(s)

Stories

2.0

Year Built

1988

Land & Location

City Region

Charlottetown

Community Features

School Bus, Recreational Facilities

Lot Features

Paved driveway

Parcel Number

731612

Postal Code

C1A9C8

Listing & Financials

Listing Office

PG DIRECT REALTY LTD.

Originating System Name

Prince Edward Island Real Estate Association

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($145,800)
5.5%
25 Years

Estimated Monthly Payment

$3,581

Principal and interest only. Actual rates may vary.

Location & Map

Similar Listings

List Property8 Bed Duplex for Sale — 581-583 Queen Street, Charlottetown | $729,000 | Lify.ca