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$ 449,900
Est. payment | /mo
8 Beds
2 Baths
2,700 SqFt
$ 449,900
Est. payment | /mo
8 Beds
2 Baths
2,700 SqFt
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2700
Square Footage 2,700 sqft
Price per Sqft $166
MLS® Listing ID 1299119
Bedrooms 8
Year Built 1950
Property Sub-Type Condo
Property Description
This exceptional two-apartment property presents a rare investment opportunity in a highly sought-after central location, just minutes from Memorial University and the Health Sciences Centre. Backing onto a park and scenic walking trails, the property offers an ideal balance of convenience & long-term rental appeal. Configured as two 4 bedroom units, this income-generating property currently produces a total rental income of $4,600 per month. Each unit features it's own kitchen, living room, and in-unit laundry, making it highly attractive to students, professionals, and families alike. Extensively renovated in 2016, the home has undergone significant interior and exterior upgrades. Interior improvements include new kitchen cabinetry with crown mouldings, countertops and island, new laminate flooring in select areas, and all new interior doors throughout. Both units were also equipped with new HRV systems for improved air quality and ventilation. The exterior was substantially upgraded with 18 energy-efficient windows, new siding on the porch and lower rear portion of the home, an expanded paved driveway and walkway, and a redesigned basement entry. The property also offers parking for up to 3 vehicles. Major mechanical and infrastructure upgrades include all new plumbing, extensive electrical improvements featuring 200 amp and 125 amp services, upgraded meter service poles, new baseboard heaters, and updated interior and exterior lighting. Energy efficiency and soundproofing were also prioritized with new spray foam insulation, batt insulation, and Roxul Safe'n'Sound insulation installed throughout the home. With strong rental income, extensive upgrades, and an unbeatable location close to major amenities, schools, transit, and recreation, this turnkey property is an outstanding opportunity for both seasoned and first-time investors. (id:24570)
Location
Province NL
Rooms
Kitchen 1.0
Extra Room 1 Second level 4pc Bath (# pieces 1-6)
Extra Room 2 Second level 12x10 Bedroom
Extra Room 3 Second level 14x10 Bedroom
Extra Room 4 Second level 12.5x9.8 Bedroom
Extra Room 5 Basement 26x10 Storage
Extra Room 6 Main level 11.7x4.7 Porch
Interior
Heating Baseboard heaters
Flooring Hardwood, Laminate
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel
Nearby Locations