70 Mayor Avenue St. John's, Newfoundland & Labrador A1C 4N8

3 Bedroom 2 Bathroom 1,600 ft2
Bungalow Hot Water Radiator Heat Landscaped

$300,000

Attention students, investors, and first-time home buyers! This RENOVATED duplex with MAJOR COMPONENTS UPGRADED offers unbeatable convenience and solid rental returns in the heart of St. John's. Corner lot with off-street parking. Centrally located on bus routes with walking distance to Memorial University, downtown St. John's, supermarkets, hospitals, and shopping. Main unit is a beautiful bright and welcoming with 9-foot ceilings, large family room plus living room, large eat-in kitchen, own laundry room, and attractive laminate and ceramic flooring. Rear unit is a bright and spacious 2-bedroom apartment with beautiful hardwood floors, pine wood decor throughout, large eat-in kitchen, own laundry room, and new deck. Both units have independent electrical meters and separate heating systems and are well-maintained and move-in ready. MAJOR RECENT UPGRADES completed March-May 2025 include complete electrical overhaul with new wiring to code, dual meter system (200/100 amp), new lighting, new electric hot water furnace and hot water tank, brand new roof, apartment deck and exit door, new ceilings, flooring, kitchen countertop, crown mouldings in main unit, and fresh paint and new toilets in both units. Heat pump heads were installed in 2024. Previous upgrades from 2018 include blown-in insulation, vinyl siding, and many new windows. Strong rental income of $1,700 per unit totalling $40,800 annually(potentially). Perfect for investors seeking reliable rental income or owner-occupants looking to offset mortgage costs. The prime location ensures consistent tenant demand from MUN students and young professionals. Excellent potential for Airbnb rentals. (id:18358)

Property Details

MLS® Number 1285958
Property Type Single Family
Amenities Near By Shopping
Equipment Type None
Rental Equipment Type None

Building

Bathroom Total 2
Bedrooms Total 3
Appliances Dishwasher, Refrigerator, Microwave, Stove, Washer, Dryer
Architectural Style Bungalow
Constructed Date 1950
Construction Style Attachment Detached
Exterior Finish Vinyl Siding
Flooring Type Hardwood, Laminate
Foundation Type Concrete
Heating Fuel Electric
Heating Type Hot Water Radiator Heat
Stories Total 1
Size Interior 1,600 Ft2
Type Two Apartment House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Shopping
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Irregular 33x65x53x77
Size Total Text 33x65x53x77|under 1/2 Acre
Zoning Description Residential

Rooms

Level Type Dimensions
Main Level Not Known 8.6x6
Main Level Bath (# Pieces 1-6) 3 pieces
Main Level Not Known 9.6x10.6
Main Level Not Known 10x11.4
Main Level Not Known 9.3x13.8
Main Level Not Known 10.2x12.9
Main Level Porch 6x4
Main Level Laundry Room 11.6x4.6
Main Level Bath (# Pieces 1-6) 3 piece
Main Level Bedroom 13x7.9
Main Level Family Room 12x18
Main Level Living Room 12x11.6
Main Level Not Known 13x11.6

https://www.realtor.ca/real-estate/28419729/70-mayor-avenue-st-johns

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