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63-63a Lemarchant Road St. John's, Newfoundland & Labrador A1C 2G9

6 Bedroom 6 Bathroom 4119 sqft

$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

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