30-32 Spring Park Road, Charlottetown, Prince Edward Island C1A 3X8

Listed for:
$458,000
5 beds
3 baths
Listed 5 days ago
Duplex for rent: 30-32 Spring Park Road, Charlottetown, Prince Edward Island C1A 3X8

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About

Two addresses. Two living spaces. One smart downtown investment. Located in the heart of Charlottetown and within walking distance of shops, restaurants, Holland College, the Waterfront area and everyday amenities, this well-maintained, newly renovated side-by-side duplex offers flexibility for investors and owner-occupiers alike. Live comfortably in one side while renting the other to help offset your mortgage-or add both units to your investment portfolio. Currently vacant, unit #32 provides an opportunity to select your own tenant or explore owner-occupancy. It features a spacious, open-concept kitchen, dining and living area with a newly installed heat pump. Patio doors open onto a quiet, fenced backyard. A generously sized bedroom, full bathroom and laundry area complete the main level. Upstairs, the large primary bedroom offers a walk-in closet and private ensuite bathroom. The tennant-occupied residence #30 features an open-concept kitchen and dining area with a new countertop, one bedroom and a renovated full bathroom. Two additional bedrooms are located upstairs. With five bedrooms and three full bathrooms in total, separate electrical meters and electric heating throughout, this property is designed for practical two-unit living. Numerous updates have been completed in recent years, making it an appealing opportunity in one of Charlottetown's most convenient locations. Whether you?re beginning your real estate investment journey, expanding an existing portfolio or looking for a home with income potential, this downtown duplex deserves a closer look. Approximate Historical. Gross Revenue 2025: $45,240 Approximate Historical Expenses: property taxes, water & sewer, internet, insurance- 2025 is $10,673 Approximate NOI-$34,567 GROSS RENTAL YIELD-9.88% CAP RATE- 7.55% All measurements are approximate and should be independently verified by purchasers if deemed necessary. (id:27476)

Property Highlights

MLS® Number
202624358
Type
Single Family
Community Name
Charlottetown
Ownership Type
Freehold
Land Size
0.0740|under 1/2 acre

Building

Building Type
Duplex
Storeys
2.00
Bathrooms Total
3
Bedrooms Above Ground
5
Bedrooms Total
5
Amenities
Park, Public Transit
Exterior Finish
Vinyl
Fireplace Present
No
Basement Type
Full (Unfinished)
Basement Features
Building Heating Type
Wall Mounted Heat Pump, Radiator
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

Primary Bedroom
Second level
12.4 X 13.5
Ensuite (# pieces 2-6)
Second level
8 X 10.2
Other
Second level
10.2 X 4.6 - Closet
Bedroom
Second level
11.8 X 12.2
Bedroom
Second level
12.9 X 8
Living room
Main level
21.7 X 15 - Unit #32
Dining room
Main level
Combined
Kitchen
Main level
Combined
Laundry room
Main level
7.9 X 10.1
Bedroom
Main level
12 X 13.6
Bath (# pieces 1-6)
Main level
7.2 X 6
Living room
Main level
12.4 X 16 - Unit 30
Dining room
Main level
Combined
Kitchen
Main level
7 X 9.7
Bedroom
Main level
14.9 X 8
Bath (# pieces 1-6)
Main level
8.4 X 5

Location

Learn more about this property
Listing provided by:
RE/MAX CHARLOTTETOWN REALTY
MLS® number:
202624358
Agent:
Brodie Coffin
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