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Century21 Northumberland Realty, 629 Water St., East, Summerside PE C1N 4H7 Phone: 902-436-2265

501 South Dr, Summerside C1N3Z5

$199,000

This is a great 5 unit fully rented with laundry included. 3 Batchelor units, a 1 bedroom and 1-3 bedroom house on the end. Close to boardwalk, trails, downtown area. Live in one unit and rent the rest. Perfect start to get into the rental business. Property manager is 7% of revenue monthly. Has both electric heat and oil heat. Large basement area for storage. Parking for 10 cars doubled up. Call Today!


Property Information:

Listing ID#: 201710695
Type:
# Units:
Total Income: $
Net Income: $
Zoning:
Exterior Finish: Wood
Driveway: Double Paved
Foundation: Concrete
Water: Municipal
Sewer: Municipal
Heating: Electric, Oil,
Roofing: Asphalt
Age: 75
Lot Size: acre(s).25
Living Area: (sq. ft.)2786

Mortgage & Credit Information

it is estimated that your payment would be approximately $955.34 per month assuming a 5% downpayment of $9,950.00. In order to qualify for this mortgage you will need a monthly income (combined in the case of a couple) of $2,866.03, assuming that you have no other debts to service and that there are no other costs of ownership such as condo fees etc.

This Centum discounted APR is that offered to strong borrowers with good credit, as well as qualifying income and/or additional assets, on conventional real property that meets lending requirements. This data is for informational purposes only and should not be relied upon without verification by contacting your CENTUM Mortgage Consultant.

The above discounted rate is not an offer or a rate commitment. APR assumes no fee(s) apply. Should fee(s) apply the APR would increase.


CENTURY21 NORTHUMBERLAND REALTY

629 Water St E., Summerside PEI C1N 4H8     |    Phone: (902) 436-2265