120 Craigmillar Avenue St. John's, Newfoundland & Labrador A1E 1Z8
$799,900
Discover an exceptional investment opportunity in the heart of the city with this 8-unit multi-family property. The building features seven one-bedroom units and one two-bedroom unit, 7 of which are currently tenant-occupied and generating a total monthly income of $6,200. With all units self-contained and tenants responsible for their own heat and electricity, this property offers a low-maintenance, high-return investment. Boasting a potential annual income exceeding $70,000, this property provides both strong cash flow and long-term growth potential. Conveniently located in the city centre, this property offers easy access to amenities, public transit and shopping a prime location that continues to attract reliable tenants and steady demand. *Minimum 24-48 hours notice for showings (id:18358)
Property Details
| MLS® Number | 1292238 |
| Property Type | Single Family |
Building
| Constructed Date | 1965 |
| Exterior Finish | Other, Wood |
| Flooring Type | Mixed Flooring |
| Heating Fuel | Electric |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 493.9 Sq Metres |
| Size Total Text | 493.9 Sq Metres|under 1/2 Acre |
| Zoning Description | R1 |
https://www.realtor.ca/real-estate/29060703/120-craigmillar-avenue-st-johns
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November 26 2025 01:12:33
Newfoundland & Labrador Association of REALTORS®
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