Completely updated and fully tenanted, this triplex offers an exceptional investment opportunity in one of Summerside?s most desirable residential areas. The property features two bright 3-bedroom units and one 1-bedroom unit, each thoughtfully designed with full kitchens, comfortable living areas and large windows that bring in abundant natural light. Recent upgrades enhance long-term value and appeal, including heat pumps with air conditioning for efficient comfort and shared in-building laundry for tenant convenience. The third unit was professionally developed within the existing structure. The property has excellent curb appeal and ample parking for residents. Set on a quiet street surrounded by family homes, this property combines strong rental income with an ideal location close to schools, shopping, restaurants and the Summerside waterfront boardwalk. Tenants enjoy easy access to nearby parks, trails and recreational amenities, making it a sought-after address within the city. A large front and back yard add outdoor space rarely found in multi-unit properties, contributing to lasting tenant satisfaction and low turnover. Whether expanding an existing portfolio or starting an investment journey, this updated triplex delivers immediate returns and long-term stability in a thriving community known for its coastal charm and steady rental demand. (id:4069)
Address
197 Brennan Avenue
List Price
$489,000
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Prince Edward Island
Sub-Area
Summerside
MLS® Number
202528019
Listing Brokerage
EXP REALTY OF CANADA INC.
Basement Area
Full (Finished)
Postal Code
C1N2L1
