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Listed by 3% Realty East Coast
$479,900
Est. payment /mo
8 Beds
3 Baths
3,825 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type 2-Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,825 sqft
Price per Sqft $125
MLS Listing ID 1303052
Style Detached,Bungalow
Bedrooms 8
Full Baths 3
Year Built 1965
Annual Tax Amount $2,814
Lot Dimensions 60.03x52.10x58.10x19.55×93.01
Property Sub-Type 2-Apartment
Source NLAR
Property Description
8 Bedrooms, 3 Bathrooms!! Prime Location Meets Exceptional Cash Flow! This well-maintained, multi-level two-apartment home is steps from Memorial University (MUN), the Health Sciences Centre, Avalon Mall, and scenic walking trails. Currently operating with significant income potential, this property is an investor's dream or the perfect house hack. Features four independent entrances across multiple levels, offering seamless potential to convert the property into a four-unit rental. Main Unit ($4,040/mo): Fully rented and spacious. Includes six bedrooms, two full bathrooms, laundry, a large kitchen, dining, and living area. Dual independent entrances on separate levels allow for an easy split into two distinct units.
Ground-Level Apartment ($3,000+/mo): Currently operating as a highly successful Airbnb. Features two bedrooms, one full bathroom, independent laundry, and an open-concept living/kitchen area. Sliding patio doors lead out to a beautiful wrap-around deck.
Bonus Space: Includes an undeveloped basement area, perfect for extra tenant storage or future development into additional living space.
Exterior: Situated on a quiet street with a three-car paved driveway.
Whether you are looking to expand your portfolio or live in one unit while letting the others pay your mortgage, this versatile property offers unmatched flexibility and location.
Ground-Level Apartment ($3,000+/mo): Currently operating as a highly successful Airbnb. Features two bedrooms, one full bathroom, independent laundry, and an open-concept living/kitchen area. Sliding patio doors lead out to a beautiful wrap-around deck.
Bonus Space: Includes an undeveloped basement area, perfect for extra tenant storage or future development into additional living space.
Exterior: Situated on a quiet street with a three-car paved driveway.
Whether you are looking to expand your portfolio or live in one unit while letting the others pay your mortgage, this versatile property offers unmatched flexibility and location.
Location
Province NL
Zoning Res
Interior
Heating Electric
Cooling Electric
Exterior
Exterior Feature Vinyl
Parking Features None
Roof Type Shingle - Asphalt
Building
Foundation Concrete
Sewer Municipal
Water Municipal
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