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Listed by Royal LePage Property Consultants Limited
$369,500
Est. payment /mo
6 Beds
3 Baths
3,409 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type 2-Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,409 sqft
Price per Sqft $108
MLS Listing ID 1302521
Style 2 Storey
Bedrooms 6
Full Baths 2
Half Baths 1
Year Built 1945
Annual Tax Amount $2,784
Lot Dimensions 50 x 100x 25 x 98
Property Sub-Type 2-Apartment
Source NLAR
Property Description
Prime Investment Opportunity in Central St. John's!
2 unit property located on the corner of 1 Aldershot Street and 140 Merrymeeting Road, this versatile two-apartment property offers exceptional potential for savvy investors or home buyers looking for a mortgage helper.
Unit 1 (140 Merrymeeting Road) — Move-In Ready:
Extensively renovated and thoughtfully laid out. The main level features a spacious living area, functional kitchen, dedicated laundry/storage space, and a primary bedroom complete with a walk-in closet and half bath. Upstairs offers two additional bedrooms an office and a full bathroom. Upgrades include a new municipal water service, sewer vent, and new shingles (2019).
Unit 2 (1 Aldershot Street) — High-Potential Project:
Approximately 60–70% renovated, with major structural updates already complete, including new siding, windows, electrical service (2021), and shingles. Most remaining building materials needed to finish the project—including kitchen cabinetry and a bathroom vanity—are included in the purchase price!
Bonus Parcel & Development Potential:
The property includes an additional parcel of land offering fantastic versatility—ideal for a private garden, a large detached garage, or possible future development (the city previously approved plans for two additional units on this lot in 2005).
Note: Any development, lot subdivision, or city approvals are to be verified and completed at the purchaser's expense.
2 unit property located on the corner of 1 Aldershot Street and 140 Merrymeeting Road, this versatile two-apartment property offers exceptional potential for savvy investors or home buyers looking for a mortgage helper.
Unit 1 (140 Merrymeeting Road) — Move-In Ready:
Extensively renovated and thoughtfully laid out. The main level features a spacious living area, functional kitchen, dedicated laundry/storage space, and a primary bedroom complete with a walk-in closet and half bath. Upstairs offers two additional bedrooms an office and a full bathroom. Upgrades include a new municipal water service, sewer vent, and new shingles (2019).
Unit 2 (1 Aldershot Street) — High-Potential Project:
Approximately 60–70% renovated, with major structural updates already complete, including new siding, windows, electrical service (2021), and shingles. Most remaining building materials needed to finish the project—including kitchen cabinetry and a bathroom vanity—are included in the purchase price!
Bonus Parcel & Development Potential:
The property includes an additional parcel of land offering fantastic versatility—ideal for a private garden, a large detached garage, or possible future development (the city previously approved plans for two additional units on this lot in 2005).
Note: Any development, lot subdivision, or city approvals are to be verified and completed at the purchaser's expense.
Location
Province NL
Zoning R3
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Exterior
Exterior Feature Shingles, Vinyl
Parking Features None
Roof Type Shingle - Asphalt
Building
Foundation Concrete
Sewer Municipal
Water Municipal
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