6 Bedroom
4 Bathroom
1,740 ft2
Radiant Heat
$530,000
Discover an incredible opportunity with this versatile two-unit residential plus commercial unit. Perfectly situated in the heart of Torbay, under a 10-minute drive from St. John’s, this property offers prime visibility for any business while blending small-town charm with the convenience of urban living. Perfect for those who value proximity to nature, scenic beauty, and outdoor adventure. This location is truly special, enjoy being just a short walk from the stunning Torbay Beach and the world-famous East Coast Trail, named by National Geographic as one of the top adventure destinations in the world! The main level features a bright, modern, and extensively renovated commercial space, currently operating as a tattoo studio. It’s move-in ready and offers excellent flexibility for a wide variety of business ventures. For added convenience, the commercial space includes two bathrooms, providing functionality and comfort for staff and clients alike. There is also plenty of parking available on-site for both tenants and customers, ensuring easy access and convenience for everyone. Upstairs, you’ll find two spacious 3-bedroom, 1-bath apartments, each with large private decks for relaxing and enjoying the peaceful setting. In one unit, the laundry room was converted from a bedroom and could be reverted back with some adjustments. Both apartments are occupied by excellent tenants, including one long-term tenant of over 8 years, and both would be very happy to stay. With a total combined monthly rental income of $5,300 and all tenants paying their own utilities, this property offers a strong investment opportunity. A rare find like this doesn’t come along often! (id:18358)
Property Details
|
MLS® Number
|
1292461 |
|
Property Type
|
Single Family |
|
Structure
|
Patio(s) |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Total
|
6 |
|
Appliances
|
Alarm System, Dishwasher, Washer, Dryer |
|
Constructed Date
|
1962 |
|
Construction Style Attachment
|
Detached |
|
Exterior Finish
|
Other, Vinyl Siding |
|
Flooring Type
|
Ceramic Tile, Hardwood, Other |
|
Foundation Type
|
Block |
|
Half Bath Total
|
2 |
|
Heating Fuel
|
Electric, Oil |
|
Heating Type
|
Radiant Heat |
|
Size Interior
|
1,740 Ft2 |
|
Type
|
Two Apartment House |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Sewer
|
Municipal Sewage System |
|
Size Irregular
|
0.202 Acre |
|
Size Total Text
|
0.202 Acre|7,251 - 10,889 Sqft |
|
Zoning Description
|
Mix |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Not Known |
|
|
13.8x12.6 |
|
Second Level |
Not Known |
|
|
15x12.6 |
|
Second Level |
Not Known |
|
|
3.10x24 |
|
Second Level |
Bath (# Pieces 1-6) |
|
|
4.9x7.4 |
|
Second Level |
Not Known |
|
|
12.5x8.7 |
|
Second Level |
Not Known |
|
|
12.5x7.1 |
|
Second Level |
Primary Bedroom |
|
|
10.8x12.5 |
|
Second Level |
Living Room/dining Room |
|
|
20.2x12.6 |
|
Second Level |
Not Known |
|
|
9.2X12.6 |
|
Main Level |
Other |
|
|
29x60 |
https://www.realtor.ca/real-estate/29093995/1368-1370-torbay-road-torbay