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7 Hoyles Avenue St. John's, Newfoundland & Labrador A1B 1E2

7 Bedroom 2 Bathroom 1550 sqft
Landscaped

$295,000

Affordable Investment Alert Near MUN! Unlock the door to a premier investment with this pre-inspected, semi-detached gem, nestled in a prime location that blends convenience with exceptional income potential. On the doorsteps of Memorial University and the vibrant Churchill Square, this 1.5-story home enjoys steady demand, boasting a robust monthly rental income of $3,280 for immediate positive cash flow. Across three thoughtfully designed levels, the residence caters to a wide tenant base. The main floor, with two bedrooms, an updated bathroom, and a welcoming eat-in kitchen, sets the stage for a comfortable living area. The second floor adds two more bedrooms, increasing privacy and living comfort. The highlight is the basement, featuring a modern kitchenette, three bedrooms, a full bathroom, and laundry facilities, all configured as an in-law suite, enhancing the property’s versatility and attractiveness to potential renters. Featuring electric heating and a spacious driveway leading to a large backyard, this property ensures tenant satisfaction while minimizing maintenance costs. Tasteful updates to both bathrooms enhance the home's functionality, further solidifying its appeal to investors. Positioned at 7 Hoyles Avenue, this opportunity transcends mere property ownership, offering a pathway to financial growth and stability within one of St. John's most desirable neighborhoods. Discover the promise of a high-yield investment home. Schedule your viewing today and embark on a strategic journey toward a wise and lucrative investment decision. (id:18358)

Property Details

MLS® Number 1268047
Property Type Single Family
Structure Patio(s)

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Below Ground 3
Bedrooms Total 7
Appliances Refrigerator, Washer, Dryer
Constructed Date 1950
Construction Style Attachment Semi-detached
Exterior Finish Vinyl Siding
Flooring Type Hardwood, Laminate, Other
Foundation Type Concrete
Heating Fuel Electric
Stories Total 2
Size Interior 1550 Sqft
Type House
Utility Water Municipal Water

Land

Acreage No
Fence Type Fence
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Irregular 35.5 X 145 X 44 X 144
Size Total Text 35.5 X 145 X 44 X 144|under 1/2 Acre
Zoning Description Res

Rooms

Level Type Dimensions
Second Level Bedroom 9'4"" X 16
Second Level Bedroom 9' X 13'
Basement Bedroom 8' X 9'
Basement Bedroom 8' X 10'
Basement Bedroom 8' X 10'
Basement Bath (# Pieces 1-6) 4 PC
Main Level Bedroom 12' X 9'4""
Main Level Bedroom 11'8 X 15
Main Level Bath (# Pieces 1-6) 3 PC
Main Level Kitchen 7'10"" X 14'5

https://www.realtor.ca/real-estate/26568074/7-hoyles-avenue-st-johns

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