63-63a Lemarchant Road St. John's, Newfoundland & Labrador A1C 2G9
$575,000
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:18358)
Property Details
| MLS® Number | 1277707 |
| Property Type | Single Family |
Building
| Bathroom Total | 6 |
| Bedrooms Total | 6 |
| Appliances | Refrigerator, Stove, Washer, Dryer |
| Constructed Date | 2024 |
| Construction Style Attachment | Semi-detached |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Carpeted, Laminate, Mixed Flooring, Other |
| Foundation Type | Block, Stone |
| Heating Fuel | Electric |
| Size Interior | 4119 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 40x100 |
| Size Total Text | 40x100|4,051 - 7,250 Sqft |
| Zoning Description | Mixed |
https://www.realtor.ca/real-estate/27446899/63-63a-lemarchant-road-st-johns
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September 20 2024 03:14:05
The Newfoundland & Labrador Association of REALTORS®
Krown Property Investments Inc.