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7 Bown Street Bell Island, Newfoundland & Labrador A0A 4H0

4 Bedroom 2 Bathroom 1800 sqft
2 Level Forced Air

$179,900

Attention Investors! Great income-generating opportunity at an attractive price point, with two rental units currently occupied and generating income. Located on Bell Island, just a short ferry ride from St. John’s and within easy reach of amenities, this property offers an excellent opportunity for investors looking for affordable real estate with rental income potential. This bright and spacious two-storey home features two separate apartments, both currently rented. The main floor offers a one-bedroom apartment with its own separate entrance and convenient in-unit laundry. The upper level features a spacious three-bedroom apartment with its own private entrance and hookups for a stackable washer and dryer. Numerous significant upgrades have been completed in recent years, including the roof, siding, windows, electrical and plumbing, as well as Durafoam 7.5R insulation in 2018. More recent improvements include a new front door in 2023, a new front step in 2026, and redone stairs in September 2026. The property also retains plenty of its original charm and character, including hardwood floors, wooden doors and trim. The existing two-apartment configuration offers excellent flexibility for an investor, while the layout could also be converted back to a single-family dwelling if desired. Two units. Both rented. Significant upgrades. Affordable price point. Income-generating potential. Whether you're an experienced investor looking to expand your portfolio or a first-time investor searching for an entry point into income-producing real estate, 7 Bown Street is a property worth a closer look. (id:51189)

Property Details

MLS® Number 1302826
Property Type Single Family

Building

BathroomTotal 2
BedroomsAboveGround 4
BedroomsTotal 4
Appliances Refrigerator, Stove, Washer, Dryer
ArchitecturalStyle 2 Level
ConstructedDate 1950
ConstructionStyleAttachment Detached
ExteriorFinish Shingles, Vinyl Siding
FlooringType Hardwood, Mixed Flooring
FoundationType Concrete
HeatingFuel Propane
HeatingType Forced Air
RoofMaterial Asphalt Shingle
RoofStyle Unknown
SizeInterior 1800 Sqft
Type Two Apartment House
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeIrregular 90x113
SizeTotalText 90x113|0-4,050 Sqft
ZoningDescription Res

Rooms

Level Type Dimensions
Second Level Kitchen 10X9
Second Level Living Room 13X11
Second Level Bedroom 14X7
Second Level Bedroom 10X8
Second Level Primary Bedroom 13X10
Main Level Bath (# Pieces 1-6) 7X12
Main Level Living Room 17X12.5
Main Level Primary Bedroom 11X12
Main Level Kitchen 13X13

https://www.realtor.ca/real-estate/30250512/7-bown-street-bell-island

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