Address
6 Riverview Avenue, Mount Pearl, NL
Price
$ 475,000
Property Attributes
- ID#1302090
- TypeMulti-Family
- Listing Status Active
- MunicipalityMount Pearl
- CityMount Pearl
- AreaMount Pearl
- Postal CodeA1N 1M1
- Style
- Year Built1965
- Price$ 475,000
- Bedrooms6
- Bathrooms3
- Half Bathrooms0
- Sqr Footage3000
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Exceptional investment opportunity or ideal owner-occupied income property! This well-maintained 3-unit home offers strong rental potential on a large, mature lot in the heart of Mount Pearl. The spacious main floor unit features 3 bedrooms and 1 full bathroom and is currently vacant, making it perfect for an owner-occupant or to set your own market rent. Previously rented for $2,100/month, this bright unit offers a huge living room, an oversized kitchen with a peninsula, a dedicated laundry room, and the potential to create a fourth bedroom for even greater value. The recently renovated 2-bedroom basement apartment is finished with a modern kitchen, newer appliances, its own laundry, and a full bathroom. This unit is currently rented for $1,100/month. A separate 1-bedroom, 1-bathroom basement unit offers a functional layout complete with its own laundry, kitchen, pantry, and private living space. This unit is currently rented for $1,200/month, providing an additional income stream. Outside, you'll find a large, mature lot with two separate driveways providing ample parking for multiple vehicles, along with a spacious detached garage offering excellent storage or workshop space. Whether you're looking to expand your investment portfolio or offset your mortgage by living in the spacious main-floor unit while collecting rental income from the two basement apartments, this versatile property offers outstanding value and excellent income potential, with projected gross rental income of $4,400 per month when the main floor is rented. As per sellers direction there will be no conveyance of offers until 4PM Monday August 24th, all offers to remain open until 8PM same day (id:7434)
General Features
| Property Type | Single Family |
|---|---|
| Zoning Description | RES |
| Building Appliances | Washer, Dryer |
| Foundation Type | Concrete |
| Building Type | Two Apartment House |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Baseboard heaters |
| Building Heating Fuel | Electric |
| Construction Style Attachment | Detached |
| Flooring Type | Mixed Flooring |
| Living Area Range | 3000 |
| Bedrooms | 6 |
Exterior Features
| Building Roof Material | Metal |
|---|---|
| Building Roof Style | Unknown |
| Sewer | Municipal sewage system |
| Exterior Finish | Vinyl siding |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Bath (# pieces 1-6) | 4PC | Main level | ||
| Bedroom | 12 x 12 | Main level | ||
| Eat in kitchen | 18 x 10 | Main level | ||
| Laundry room | 7 x 7 | Main level | ||
| Living room | 20 x 14 | Main level | ||
| Not known | 15 x 10 | Lower level |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in A1N 1M1
Price
Year Built
