Summerside, PE C1N4J9 279 Fitzroy Street

279 Fitzroy Street presents a rare opportunity to own a fully rented six-unit income property in the historic heart of Summerside. Perfectly positioned on a corner lot just steps from the waterfront, this three-storey building offers a blend of charm, practicality, and long-term investment stability. Neighbouring buildings include other commercial properties such as Summerside City Hall, Holman?s Ice Cream, and the Summerside Library, further enhancing the property?s location appeal. The zoning is Commercial, offering future flexibility and redevelopment potential for investors with vision. The layout includes five one-bedroom units and one two-bedroom unit, all tenant-occupied. Interiors are well maintained with updated kitchens and durable finishes. Residents benefit from shared laundry, a 13 x 20 storage area, and six on-site parking spaces; an uncommon amenity in this central location. With operational performance approaching a seven percent return, this is a strong hold in a growing community. Included in the sale are six fridges, six stoves, one washer, and one dryer. Financials are available to qualified buyers upon signing a non-disclosure agreement. Minimum 24-hour notice required for all showings. (id:7434)