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Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel
$199,900
Est. payment /mo
3 Beds
2 Baths
1,126 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type 2-Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 1,126 sqft
Price per Sqft $177
MLS Listing ID 1302472
Style Detached,Bungalow
Bedrooms 3
Full Baths 2
Year Built 1975
Annual Tax Amount $1,132
Tax Year 2026
Lot Dimensions 0.5 acres
Property Sub-Type 2-Apartment
Source NLAR
Property Description
Excellent investment opportunity in a quiet, well-established area of Clarenville! This well-maintained 2-apartment home offers reliable rental income, functional layouts, ample parking, & a generous private setting on a ~1/2-acre lot. The main-level unit is occupied by excellent long-term tenants who would love to remain. It features an eat-in kitchen, bright & spacious living room with access to a private patio, 2 well-proportioned bedrooms, full family bathroom, laundry closet, additional patio space, rear landscaping, & storage shed. The second unit is currently rented for $700/month POU, with internet included. The lower-level apartment, with its own separate entrance, offers an open-concept kitchen & living area, 1 bedroom with full ensuite, & independent laundry. It is currently rented for $1,050/month with electricity & internet included. The home has undergone extensive renovations, with the entire upstairs interior fully renovated in 2009 & the basement completely rebuilt & ready for occupancy in 2012. Upgrades include a new government-certified electrical system, all-new plumbing, reinforced roof rafters, approximately 2 feet of blown-in attic insulation, blown-in wall insulation, & new exterior siding & shingles, all completed in 2009. The concrete basement was completely rebuilt in 2012 with double weeping tile & deep drainage trenches, making the entire basement apartment effectively brand new in 2012. The decks have an effective age of 2012, & a covered deck & back porch roof were added in 2016. Set well back from the main road, the property offers a peaceful, private atmosphere with generous parking for multiple vehicles. With established tenants, separate living spaces, private entrances, extensive renovations, & strong rental appeal, this is an excellent turnkey investment opportunity in Clarenville.
Location
Province NL
Zoning Res.
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Exterior
Exterior Feature Vinyl
Parking Features None
Roof Type Shingle - Asphalt
Building
Foundation Concrete
Sewer Municipal
Water Municipal
Schools
Elementary Schools Riverside Elementary
Middle Schools Clarenville Middle S
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NEARBY SCHOOL & BUSINESS
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