63-63a Lemarchant Road St. John's, Newfoundland & Labrador A1C 2G9
$575,000
This 6-unit apartment building is an exceptional find for investors! Fully rented and offers a steady monthly income from reliable tenants. Individually metered units allow tenants to pay their own utilities, ensuring maximum profitability and lower expenses for you! Each apartment features a bedroom, living room, kitchen, and bathroom. Shared amenities include a coin-operated washer and dryer to provide additional income. Recent updates include four new hot water tanks installed over the past 3 years, new flooring in one unit, fresh paint in two units, and some updated appliances throughout. Rear parking is shared with a local business and one dedicated spot at the front of the building. This building is just steps away from restaurants, shops, and entertainment, ensuring a high demand for tenancy! It’s solid rental history combined with great tenants makes this property an exceptional investment with reliable, steady cash flow! (id:51189)
Property Details
| MLS® Number | 1277707 |
| Property Type | Single Family |
Building
| BathroomTotal | 6 |
| BedroomsTotal | 6 |
| Appliances | Refrigerator, Stove, Washer, Dryer |
| ConstructedDate | 2024 |
| ConstructionStyleAttachment | Semi-detached |
| ExteriorFinish | Vinyl Siding |
| FlooringType | Carpeted, Laminate, Mixed Flooring, Other |
| FoundationType | Block, Stone |
| HeatingFuel | Electric |
| SizeInterior | 4119 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 40x100 |
| SizeTotalText | 40x100|4,051 - 7,250 Sqft |
| ZoningDescription | Mixed |
https://www.realtor.ca/real-estate/27446899/63-63a-lemarchant-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
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®)
September 20 2024 03:14:05
The Newfoundland & Labrador Association of REALTORS®
Krown Property Investments Inc.
