St Johns, St. John's · MLS® 1303052
83
3,825 sq ft · Condo · Single Family · built 1965 · 38 days on market
listed by Jill Mason, 3% Realty East Coast
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.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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Walkability 0/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.