***$5000 cash back to buyer***
Selling $35,000 under value for instant property equity.
Lots of pictures available.
Large century property featuring original hardwood floors, wide woodwork, wood burning fireplace, a beautiful staircase and large sunny rooms.
Approximately 2600 square foot and sitting on a large 1.34 acre lot with mature trees and beautiful village and river views.
Situated just 25 minutes from Summerside in a high tourist area with lots of local amenities.
Currently setup as a triplex with one large apartment on each floor, each with their own entrances and outside space (either deck or balcony).
Can be used as a full time rental, as currently, or seasonal tourist accommodation.
Very easily converts back into a large family home, or Bed & Breakfast, with separate income or in-law apartment.
Comes with large decks, beautiful views and a detached garage with second floor workshop.
Over $50,000 in renovations completed on the property over the last 8 years.
Current gross rents at $23,400 which yields $5176 net annually as long term rental. Higher profits achievable as a B&B or tourist rental business.
Amenities in the Tyne Valley area include; store, post office, medical clinic, movie rental, oyster house and pub, library, bowling alley, community rink, school, food take away and the beautiful green park.
Home inspection already completed.
Cash back offer is to complete any remaining home inspection items and for a sale completing by 25th September.
Please email for further details and pictures.
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