82 Thorburn Road St. John's, Newfoundland & Labrador A1B 4B1
$5,500,000
Rare investment opportunity. This well-maintained residential building comprises 26 fully occupied units, providing immediate and dependable income. The unit mix includes three one-bedroom apartments and twenty-three two-bedroom apartments, appealing to a broad and stable tenant base. The property is currently generating in excess of $44,000 in monthly rental income, offering strong cash flow and long-term investment potential. Ideally located in a highly convenient area, it is within walking distance of the Avalon Mall, major transit routes, schools, and nearby walking trails—enhancing its appeal to tenants seeking both accessibility and lifestyle amenities. This represents an excellent opportunity for investors looking to expand their portfolio with a stable, income-producing asset in a sought-after location. * Any applicable HST is the responsibility of the purchaser. (id:51189)
Property Details
| MLS® Number | 1295754 |
| Property Type | Other |
| EquipmentType | None |
| RentalEquipmentType | None |
Building
| ConstructedDate | 1982 |
| ConstructionStyleAttachment | Detached |
| FlooringType | Mixed Flooring |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | Yes |
| Sewer | Municipal Sewage System |
| SizeIrregular | 1.19 Acres |
| SizeTotalText | 1.19 Acres|1 - 3 Acres |
| ZoningDescription | A2 |
https://www.realtor.ca/real-estate/29544898/82-thorburn-road-st-johns
Interested?
Contact us for more information
Michael Samson
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
Justin Hollett
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
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April 01 2026 06:32:46
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