11 & 11a Felling Street Charlottetown, Prince Edward Island C1A 5E8

3 Bedroom 2 Bathroom
Baseboard Heaters, Furnace, Wall Mounted Heat Pump, Not Known

$384,900

Well-maintained downtown Charlottetown duplex offering strong income, extensive upgrades, and long-term upside. 11 & 11A Felling Street generates good cash flows, positioning the property at an estimated ~8% cap rate. Upper unit presently vacated and main level will be vacated by the end of April. This two-unit property features separate entrances, two electrical meters, and several capital improvements including a steel roof, increased insolation, vinyl siding, fiberglass oil tank, updated electrical panel (upper unit), and heat pumps on both levels for efficient year-round comfort. The main floor unit offers added functionality with in-unit laundry and additional basement storage, while the upper unit features a private second-storey deck and the potential to be sold fully furnished as a turnkey short-term rental suite (subject to buyer verification of use). Character details such as original hardwood floors are complemented by ongoing upgrades, reflecting pride of ownership throughout. Exterior highlights include off-street parking and a large deck, enhancing tenant appeal. Located just steps from the downtown core, Holland College campus, waterfront, and key amenities, this property benefits from consistent rental demand in one of Charlottetown?s most desirable areas. (id:56351)

Property Details

MLS® Number 202605461
Property Type Single Family
Community Name Charlottetown
Amenities Near By Golf Course, Park, Playground, Public Transit, Shopping
Community Features Recreational Facilities, School Bus
Features Paved Driveway
Structure Shed

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Basement Type Partial
Exterior Finish Vinyl
Flooring Type Carpeted, Hardwood, Laminate
Foundation Type Poured Concrete
Heating Fuel Electric, Oil
Heating Type Baseboard Heaters, Furnace, Wall Mounted Heat Pump, Not Known
Stories Total 2
Total Finished Area 1342 Sqft
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Golf Course, Park, Playground, Public Transit, Shopping
Sewer Municipal Sewage System
Size Irregular .08
Size Total 0.0800|under 1/2 Acre
Size Total Text 0.0800|under 1/2 Acre

Rooms

Level Type Dimensions
Second Level Living Room 8.7x13.8
Second Level Kitchen 8.5x6
Second Level Bedroom 9.9x9.0
Main Level Kitchen 10.6x15.9
Main Level Living Room 17.8x11
Main Level Bath (# Pieces 1-6) 6.8x6.8
Main Level Primary Bedroom 14.5x11
Main Level Bedroom 14.5x10
Main Level Other Entrance 11.1x5.10

https://www.realtor.ca/real-estate/29515625/11-11a-felling-street-charlottetown-charlottetown

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