63-63A Lemarchant Road Active

St. John's,NL A1C2G9

$ 575000

6 Beds

6 Baths

4119 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 4,119 sqft

Price per Sqft $139

MLS Listing ID 1277707

Bedrooms 6

Originating Board Newfoundland & Labrador Association of REALTORS®

Year Built 2024

Property Description

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:24570)

Location

Province NL

Interior

Flooring Carpeted,Laminate,Mixed Flooring,Other

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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