20 Suez Street, St. John's, NL A1C4Z7
20 Suez Street, St. John's, NL A1C4Z7
20 Suez Street, St. John's, NL A1C4Z7
20 Suez Street, St. John's, NL A1C4Z7
20 Suez Street, St. John's, NL A1C4Z7
20 Suez Street, St. John's, NL A1C4Z7
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Kim Avery

Kim Avery

+1(403) 617-2879
$ 389,900
Est. payment | /mo

6 Beds

2 Baths

2,673 SqFt

Save
$ 389,900
Est. payment | /mo
Save

6 Beds

2 Baths

2,673 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2673

Square Footage 2,673 sqft

Price per Sqft $145

MLS® Listing ID 1302032

Style 2 Level

Bedrooms 6

Year Built 2010

Property Sub-Type Condo

Property 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:24570)

Location

Province NL

Rooms

Kitchen 2.0

Extra Room 1 Second level 3 Piece Bath (# pieces 1-6)

Extra Room 2 Second level 7x11 Bedroom

Extra Room 3 Second level 10x9.6 Bedroom

Extra Room 4 Second level 12x10.6 Bedroom

Extra Room 5 Second level 13x13 Living room

Extra Room 6 Second level 13x9 Kitchen

Interior

Heating Baseboard heaters

Flooring Laminate, Other

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Architectural Style 2 Level

Others

Ownership Freehold

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Listed by RE/MAX Infinity Realty Inc.

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Kim Avery
Kim Avery

Agent

+1(403) 617-2879

67 Valley Ridge Green NW. Calgary, AB. T3B 5L5, Calgary, Alberta T3B 5L5, CAN

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20 Suez Street