16 Riverview Avenue Mount Pearl, Newfoundland & Labrador A1N 1M1
$849,900
Discover a rare opportunity to own a well-maintained 6-unit multi-family property ideally located in Mount Pearl! The building comprises six three-bedroom units, with all units currently occupied and generating a total monthly income of $5,100. Each unit is self-contained with laundry hook up, tenants responsible for their own heat and electricity—offering an investor a low-maintenance and high-return asset. With a potential annual income exceeding $60,000, this property delivers both strong cash flow and excellent long-term growth potential. Conveniently located, the property offers easy access to amenities, public transit, and shopping, making it a highly desirable location that consistently attracts reliable tenants and steady demand. Minimum 24–48 hours’ notice required for showings. **Property is being sold as is, where is. Any HST applicable is the responsibility of the purchaser. No conveyance of offers until Wednesday, November 19 @ 2:00pm and left open for acceptance until 5:00pm the same day (id:51189)
Property Details
| MLS® Number | 1292570 |
| Property Type | Single Family |
| EquipmentType | None |
| RentalEquipmentType | None |
Building
| ArchitecturalStyle | 3 Level |
| ConstructedDate | 1971 |
| ExteriorFinish | Brick |
| FlooringType | Mixed Flooring |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 0.24 Acres |
| SizeTotalText | 0.24 Acres|under 1/2 Acre |
| ZoningDescription | Res. |
https://www.realtor.ca/real-estate/29103170/16-riverview-avenue-mount-pearl
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
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 14 2025 03:42:17
The Newfoundland & Labrador Association of REALTORS®
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