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72 Pennywell Road St. John's, Newfoundland & Labrador A1C 2L7

4 Bedroom 2 Bathroom 1500 sqft
2 Level Baseboard Heaters

$289,000

This well-maintained duplex at 72 Pennywell Rd offers a fantastic investment opportunity with two full-level 2-bedroom apartments. Total living space of 1,500 sq.ft., 750 per unit. Separate electrical meters and electric baseboard heat in both units. The exterior of the property was painted in 2022 and still looks great. Both decks and the driveway are in excellent condition. Each unit has 2 bedrooms, and in-unit laundry, each unit has a new refrigerator, and the main floor apartment has a new countertop. Additionally, the basement, which is accessed from the front of the building, offers extra space that was previously used as a workshop and storage area. Worth viewing the basement as it shows the sturdy foundation. Note that the back closet in the main floor unit has the hookups for the washer and dryer. This property is a prime investment in a sought-after location. Its solid condition, combined with the potential for increased future rental income, should make it an attractive option for investors looking to expand their portfolio. The main floor apartment currently rents for $1,100 POU, upstairs unit rents for $900 POU, however the tenant has been given notice on July 1st to allow for buyers to move in Oct 1st. Great tenants that have expressed a desire to stay. (id:18358)

Property Details

MLS® Number 1274508
Property Type Single Family
Amenities Near By Shopping
Equipment Type None
Rental Equipment Type None
Structure Sundeck
View Type View

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Appliances Refrigerator
Architectural Style 2 Level
Constructed Date 1960
Construction Style Attachment Detached
Exterior Finish Other, Wood
Flooring Type Carpeted, Other
Foundation Type Concrete, Concrete Slab, Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 1500 Sqft
Type Two Apartment House
Utility Water Municipal Water

Land

Access Type Year-round Access
Acreage No
Land Amenities Shopping
Sewer Municipal Sewage System
Size Irregular 25 X 231
Size Total Text 25 X 231|4,051 - 7,250 Sqft
Zoning Description Res.

Rooms

Level Type Dimensions
Second Level Bedroom 10 x 9.5
Second Level Bedroom 9 x 10
Second Level Kitchen 9 x 12
Second Level Living Room 10 x 12
Main Level Kitchen 9 x 12
Main Level Bedroom 10 x 9
Main Level Bedroom 10 x 11
Main Level Bath (# Pieces 1-6) 6 x 11
Main Level Living Room 12 x 12

https://www.realtor.ca/real-estate/27139372/72-pennywell-road-st-johns

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