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Listed by RE/MAX Realty Professionals Ltd. - Stephenville
$629,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1296337
Style Attached,5 Units
Year Built 1965
Annual Tax Amount $2,804
Tax Year 2026
Lot Dimensions 153 x 105 ( 163 x 131 )
Property Sub-Type Multi Family
Source NLAR
Property Description
Turnkey 5-Unit Apartment Building – Exceptional Investment Opportunity
An outstanding opportunity for investors or those looking to expand their rental portfolio. This well-maintained, income-generating 5-unit apartment building offers a rare combination of space, privacy, and recent upgrades—making it a truly turnkey investment.
Property Highlights
This multi-unit property features:
- Four (4) spacious 3-bedroom apartments – Generously sized units ideal for families and long-term tenants
- One (1) executive 3-bedroom apartment, offering premium features including:
Two full bathrooms
Private, fully fenced yard
Dedicated private storage shed
The executive unit is perfectly suited for an owner-occupier or as a high-end rental, adding flexibility and increased revenue potential.
Recent Upgrades & Features
Extensively improved over the past year, this property is designed for long-term performance and reduced maintenance:
- New oil tank
- New hot water tanks
- Numerous upgrades throughout the building
- Ample basement storage for tenants or owner use
- Two on-site sheds (one private to the executive unit, one shared)
- Executive unit pays its own heat and electricity, lowering operating costs
Investment Appeal
- Strong and stable rental income potential
- True turnkey property with minimal immediate capital requirements
- Diverse unit mix enhances rental demand and flexibility
- Consistently maintained building with pride of ownership
- Highly attractive to families, professionals, and long-term tenants
This is a rare opportunity to acquire a versatile, upgraded multi-unit property in excellent condition.
An outstanding opportunity for investors or those looking to expand their rental portfolio. This well-maintained, income-generating 5-unit apartment building offers a rare combination of space, privacy, and recent upgrades—making it a truly turnkey investment.
Property Highlights
This multi-unit property features:
- Four (4) spacious 3-bedroom apartments – Generously sized units ideal for families and long-term tenants
- One (1) executive 3-bedroom apartment, offering premium features including:
Two full bathrooms
Private, fully fenced yard
Dedicated private storage shed
The executive unit is perfectly suited for an owner-occupier or as a high-end rental, adding flexibility and increased revenue potential.
Recent Upgrades & Features
Extensively improved over the past year, this property is designed for long-term performance and reduced maintenance:
- New oil tank
- New hot water tanks
- Numerous upgrades throughout the building
- Ample basement storage for tenants or owner use
- Two on-site sheds (one private to the executive unit, one shared)
- Executive unit pays its own heat and electricity, lowering operating costs
Investment Appeal
- Strong and stable rental income potential
- True turnkey property with minimal immediate capital requirements
- Diverse unit mix enhances rental demand and flexibility
- Consistently maintained building with pride of ownership
- Highly attractive to families, professionals, and long-term tenants
This is a rare opportunity to acquire a versatile, upgraded multi-unit property in excellent condition.
Location
Province NL
Zoning RES
Interior
Heating Hot Water, Oil, Radiant
Cooling Hot Water, Oil, Radiant
Equipment None
Building
Story 2
Foundation Concrete, Poured Concrete
Sewer Municipal
Water Municipal
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