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Listed by eXp Realty
$ 475,000
Est. payment | /mo
6 Beds
3 Baths
3,000 SqFt
$ 475,000
Est. payment | /mo
6 Beds
3 Baths
3,000 SqFt
Key Details
Property Type Condo
Sub Type 2-Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $158
MLS Listing ID 1302090
Style Detached,3 Units
Bedrooms 6
Full Baths 3
Year Built 1965
Annual Tax Amount $2,894
Lot Dimensions 80 x 120
Property Sub-Type 2-Apartment
Source NLAR
Property Description
Exceptional investment opportunity or ideal owner-occupied income property! This well-maintained 3-unit home offers strong rental potential on a large, mature lot in the heart of Mount Pearl.
The spacious main floor unit features 3 bedrooms and 1 full bathroom and is currently vacant, making it perfect for an owner-occupant or to set your own market rent. Previously rented for $2,100/month, this bright unit offers a huge living room, an oversized kitchen with a peninsula, a dedicated laundry room, and the potential to create a fourth bedroom for even greater value.
The recently renovated 2-bedroom basement apartment is finished with a modern kitchen, newer appliances, its own laundry, and a full bathroom. This unit is currently rented for $1,100/month.
A separate 1-bedroom, 1-bathroom basement unit offers a functional layout complete with its own laundry, kitchen, pantry, and private living space. This unit is currently rented for $1,200/month, providing an additional income stream.
Outside, you'll find a large, mature lot with two separate driveways providing ample parking for multiple vehicles, along with a spacious detached garage offering excellent storage or workshop space.
Whether you're looking to expand your investment portfolio or offset your mortgage by living in the spacious main-floor unit while collecting rental income from the two basement apartments, this versatile property offers outstanding value and excellent income potential, with projected gross rental income of $4,400 per month when the main floor is rented.
As per sellers direction there will be no conveyance of offers until 4PM Monday August 24th, all offers to remain open until 8PM same day
The spacious main floor unit features 3 bedrooms and 1 full bathroom and is currently vacant, making it perfect for an owner-occupant or to set your own market rent. Previously rented for $2,100/month, this bright unit offers a huge living room, an oversized kitchen with a peninsula, a dedicated laundry room, and the potential to create a fourth bedroom for even greater value.
The recently renovated 2-bedroom basement apartment is finished with a modern kitchen, newer appliances, its own laundry, and a full bathroom. This unit is currently rented for $1,100/month.
A separate 1-bedroom, 1-bathroom basement unit offers a functional layout complete with its own laundry, kitchen, pantry, and private living space. This unit is currently rented for $1,200/month, providing an additional income stream.
Outside, you'll find a large, mature lot with two separate driveways providing ample parking for multiple vehicles, along with a spacious detached garage offering excellent storage or workshop space.
Whether you're looking to expand your investment portfolio or offset your mortgage by living in the spacious main-floor unit while collecting rental income from the two basement apartments, this versatile property offers outstanding value and excellent income potential, with projected gross rental income of $4,400 per month when the main floor is rented.
As per sellers direction there will be no conveyance of offers until 4PM Monday August 24th, all offers to remain open until 8PM same day
Location
Province NL
Zoning RES
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Exterior
Exterior Feature Vinyl
Parking Features Detached
Roof Type Metal
Building
Foundation Concrete
Sewer Municipal
Water Municipal
Nearby Locations
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