647 Water Street E, Summerside, Prince Edward Island

About This Property

Well-maintained 6 bedroom with a fully self-contained 2 bedroom apartment set on a spacious 1.14 acre R2-zoned lot. This property offers a strong combination of comfortable living + income potential + long-term flexibility. The main level features a bright kitchen + living + dining area with updated countertops and a clean functional layout. The home includes 4 bedrooms plus a separate office or study along with 1.5 bathrooms. Flooring consists of vinyl in the kitchen and bathrooms with laminate throughout the remaining living spaces. Kitchen appliances include fridge + stove + dishwasher and microwave. The lower level offers a fully finished 2 bedroom apartment with a full bathroom and open concept living area making it ideal for rental income or extended family use. Laundry is located downstairs with the option to add additional hookups on the main floor if needed. Recent upgrades include updated kitchen countertops + full interior paint + renovated bathrooms with new vanities + a new upstairs tub and the addition of a heat pump. The home is equipped with a 200-amp electrical panel + oil boiler heating + electric hot water and supplemental electric heat providing multiple heating options. Outside the 1.14 acre lot offers plenty of usable space for outdoor living, future improvements, or added privacy. A 13 x 28 covered patio and double paved driveway and 2 car garage complete the property. Zoned R2 and located near everyday amenities and established commercial activity this property presents a solid opportunity for both homeowners and investors looking for flexibility and future potential. NOTE: Some photos in this listing have been virtually staged or digitally enhanced.