9 Forbes Street St. John's, Newfoundland & Labrador A1E 3L3
$3,275,000
RARE INVESTMENT OPPORTUNITY! This well-maintained residential building features 22 fully occupied units, offering immediate and reliable income potential. The property includes a desirable unit mix of 17 one-bedroom apartments, 1 two-bedroom apartment, and 4 spacious three-bedroom apartments, appealing to a broad tenant base. Currently generating over $25,000 in monthly rental income, this asset presents strong cash flow and long-term investment value. Ideally situated in a highly convenient location, the building is just steps from the Village Mall Shopping Centre, major bus routes, Hazelwood School, and nearby walking trails, making it an attractive choice for tenants seeking accessibility and lifestyle amenities. An exceptional opportunity for investors looking to expand their portfolio with a stable, income-producing property in a sought-after area. *Any and all HST applicable is the responsibility of the purchaser (id:51189)
Property Details
| MLS® Number | 1295728 |
| Property Type | Other |
| EquipmentType | None |
| RentalEquipmentType | None |
Building
| ConstructedDate | 1968 |
| ConstructionStyleAttachment | Detached |
| FlooringType | Mixed Flooring |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | ~0.56 Acres |
| SizeTotalText | ~0.56 Acres|.5 - 9.99 Acres |
| ZoningDescription | R1 |
https://www.realtor.ca/real-estate/29541529/9-forbes-street-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®)
April 01 2026 12:32:42
The Newfoundland & Labrador Association of REALTORS®
RE/MAX Infinity Realty Inc. - Sheraton Hotel
