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St. John's,NL A1C4C1
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,510 sqft
Price per Sqft $138
MLS Listing ID 1289999
Style 2 Level
Bedrooms 3
Year Built 1950
Property Sub-Type Freehold
Source Newfoundland & Labrador Association of REALTORS®
Property Description
Opportunity is Knocking! This property is a true investor's dream and an absolute cash cow! With a total rental income of $2,325 per month (recently rented at $1,350 upstairs and $975 downstairs, just imagine what you could get in todays market!) and a mortgage payment of just $1,205, this home offers incredible positive cash flow from day one. Whether you're looking to grow your portfolio or break into the market with a high-performing asset, this is the kind of big profit opportunity that doesn't come around often. You don't see chances like this anymore. A registered 2-apartment in downtown St. John's for under $230,000 – yes, under $210K! Whether you're looking for a smart investment or affordable living, this property delivers. The lower unit is fully above ground and move-in ready, featuring modern grey tones throughout. It offers a bright one-bedroom layout, full bath, cozy living area, and spacious bedroom. The upper unit has its own entrance at the back. Just past the entry, you'll find the first bedroom with a stylish accent wall. Upstairs includes a second bedroom, kitchen and dining area, and a spacious living room with another sleek feature wall. A shared laundry space is conveniently located at the back of the building. ?? Why buy this property? - Excellent return on investment with two rentable units - Ideal for house-hacking: live in one unit and rent the other to dramatically reduce your living costs - Desirable downtown location, making it attractive to tenants At this price, it's an incredibly rare find. Check it out today and start building your future wealth! (id:24570)
Location
Province NL
Rooms
Kitchen 2.0
Extra Room 1 Second level 4 pcs Bath (# pieces 1-6)
Extra Room 2 Second level 12 x 8.6 Bedroom
Extra Room 3 Second level 15 x 12.6 Living room/Dining room
Extra Room 4 Second level 9 x 7.6 Kitchen
Extra Room 5 Main level 11 x 11 Bedroom
Extra Room 6 Main level 3 pcs Bath (# pieces 1-6)
Interior
Heating Baseboard heaters,
Flooring Mixed Flooring
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Architectural Style 2 Level
Others
Ownership Freehold