Bought with Century 21 Seller`s Choice Inc.
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Key Details
Sold Price $333,000
Property Type Condo
Sub Type 2-Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,432 sqft
Price per Sqft $136
MLS Listing ID 1276900
Sold Date 11/26/24
Style Detached,Bungalow
Bedrooms 5
Full Baths 2
Year Built 1970
Annual Tax Amount $2,568
Lot Dimensions 56 x 100
Property Sub-Type 2-Apartment
Source NLAR
Property Description
This income-generating 2-apartment property is ideally situated in a highly sought-after area near MUN, the Marine Institute, and various businesses, making it an attractive rental. The property features electric heating, newer shingles, and hardwood floors throughout, adding to its appeal and low-maintenance lifestyle. Both apartments are generously sized and currently occupied by reliable tenants who are eager to stay and willing to sign new leases. The main floor apartment is rented at $1,350 per month, providing a solid income stream from the outset. While the property does require some upgrades, the major elements such as electrical, most windows, and the roof shingles have already been addressed, making this an excellent opportunity for both investors and owner-occupiers. This property is a must-see for anyone looking to invest in a high-demand rental market.
Location
Province NL
Zoning res
Interior
Heating Electric
Cooling Electric
Equipment None
Exterior
Exterior Feature Vinyl
Parking Features None
Roof Type Shingle - Asphalt
Building
Foundation Apartment, Concrete, Full
Sewer Municipal
Water Municipal
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