CANLSt. John'sLiverpool Avenue20 Suez St

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20 Suez St, St. John's, NL

Name: 20 Suez St, For Sale in St. John's - eXp Realty
Brand: RE/MAX Infinity Realty Inc.
SKU: 1302032
Price: 389900 CAD

House

For Sale

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620

MLS® 1302032

Property Details
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Description

An excellent opportunity to acquire a fully occupied two-apartment property within walking distance of Memorial University. Offering six bedrooms in total, the property contains two spacious three-bedroom, one-bathroom units, each with its own laundry. The units are currently leased for $1, 700 and $1, 750 per month, POU, with gross rental income of $3, 450 per month or $41, 400 annually. With both units already occupied, a purchaser can benefit from established rental income immediately upon closing. The building was substantially rebuilt in 2010 and has been maintained and remains in good overall condition. Its central location near MUN, public transit, shopping and everyday amenities should support continued rental demand. Situated on a corner lot, the property also offers access to the rear yard from the adjoining side street. The site may provide opportunities to add additional parking, construct a garage or explore additional residential development in the rear yard, subject to City of St. John’s approval and all applicable municipal requirements. A compelling option for investors seeking a centrally located, income-producing property with two substantial rental units and potential for future site improvements. No conveyance of offers until September 6th at 5:00 PM per attached Seller's Direction. (id:58753)Show Description

Key Facts

Type Duplex

Levels Residential

Size 2673 sqft

Taxes $3,219

Days Active 19

Approx. Age 2010

Avg. Price Per Sqft $145

MLS® Number 1302032

Central VacNo

FireplaceNo

Approx. Age2010

HeatBaseboard heaters

Additional Information

Roofing Asphalt, Other

Siding Vinyl Siding

Sewage System Public Sewer

Price History

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