64 Tigress Street St. John's, Newfoundland & Labrador A1B 0L7

$429,900

64 Tigress is an existing two apartment home in Kenmount Terrace ready for immediate occupancy that comes with all the benefits of a new construction, at a comparable price, without the wait and additional expenses that accompany the process of building new. Completed in 2021, the property still has a new car smell and comes with the peace of mind and balance of an 8 year Lux home warranty, an oversized paved driveway for three average cars, a fully landscaped lot, all 12 appliances for both units, and a storage shed. Both units of the home are extremely well-appointed with elegant cabinetry, stainless steel kitchen appliances, modern light fixtures, and an excellent use of space. The main unit has three generous bedrooms and 2.5 bathrooms, including a primary with a WIC and ensuite, and the added bonus of a rec room, half bathroom, storage room and laundry in the basement, providing the additional living space that any resident will appreciate. The lower unit is truly impressive and does not feel like a basement apartment, featuring quality, modern finishes throughout, two spacious bedrooms including one with a WIC, above ground windows for excellent natural light, and a walk out basement to a ground level patio. Rental potential for the property is outstanding, with both units having only been recently vacated by stable tenants, and rent estimated for the current market at $2000 up and $1250 down. Two apartment homes are coveted in the current market for their utility to investors looking to capitalize on increased rental rates that offset interest rate hikes, and for live-in buyers seeking the affordability provided by secondary unit income to subsidize their mortgage. With supply historically low, this scarce opportunity won't last long. (id:18358)

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https://www.realtor.ca/real-estate/25204791/64-tigress-street-st-johns