Property Information:

Located in Paradise on St Thomas Line, this well maintained three apartment, 8 bedroom and 4 bath home has a very good gross income and has been extensively renovated in the past few years. The lot is a corner lot with rear yard access, has 3 sheds for individual tenant storage, is landscaped and in a great location. There is a two level, 4-bedroom larger apartment that has a separate laundry, family room and is on a long-term lease. The main floor 2-bedroom apartment is very spacious with lots of natural light and right below it is the basement 2-bedroom apartment. All units are currently rented with a total monthly income of $3950 POU with room to improve. Over the past several years there have been extensive interior and exterior renovations that could help make for low maintenance ownership in the coming years. Some recent renovations include exterior work such as new shingles, exterior plywood sheathing and siding, pavement, eavestrough, blown-in insulation. Interior renovations include some new windows, flooring, doors, painting, heaters, hot water tanks, etc. with a more detailed list available to your agent under documents. An awesome investment property. Don’t miss this opportunity!! Per the Sellers Direction, there will be no conveyance of any written, signed offers prior to 3PM on the 8th of September, 2026. Offers to remain open for acceptance until 8pm same day. (id:27)

Building Features:

Style: Detached
Building Type: Two Apartment House
Architectural Style: Bungalow
Exterior Finish: Vinyl siding
Floor Space: 2635 sqft
Flooring Type: Flooring Type
Foundation Type: Concrete
Roof Material: Fiberglass
Roof Style: Unknown
Heating Type: Baseboard heaters
Heating Fuel: Electric
Appliances: Refrigerator, Microwave, Stove, Washer, Dryer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 8
Bathrooms: 4
Access Type: Year-round access
Amenities Nearby: Highway, Recreation, Shopping
Built in: 1970
Floor Space (approx): 2635 Square Feet
Irregular: Yes
Landscape Features: Landscaped
Lot Size: 80 x 80
Storage Type: Storage Shed
Structure Type: Patio(s)
Zoning: Res
Sewer: Municipal sewage system

Rooms:

Other Basement Level 10.11 x 8.11
Other Basement Level 11.0 x 9.0
Other Basement Level 10.0 X 9.
Other Basement Level 11.6 x 10.4
Bathroom Lower Level 4 Piece
Laundry Lower Level 10.0 x 8.8
Bedroom Lower Level 11.0 x 8.8
Bedroom Lower Level 10.0 x 9.
Family Lower Level 11.9 x 11.0
Other Main Level 11.0 x 8.8
Other Main Level 11.0 x 9.0
Other Main Level 10.9 x 10.5
Other Main Level 14.0 x 11.6
Bathroom Main Level 4 Piece
Bedroom Main Level 11.0 x 9.0
Bedroom Main Level 11.0 x 9.0
Breakfast Main Level 10.0 x 8.0
Kitchen Main Level 11.0 x 10.0
Living Main Level 14.0 x 9.0

Courtesy of: RE/MAX Infinity Realty Inc.

More Detail

Less Detail

Demographic Information of 72 St Thomas Line, Paradise, Newfoundland & Labrador, A1L 2M1

Life Stage

Young Families

Employment Type

Mixed

Average Household Income

$142,154.80

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.08 %

High school certificate or equivalent

23.42 %

Apprenticeship trade certificate/diploma

9.94 %

College/non-university certificate

31.12 %

University certificate (below bachelor)

1.03 %

University Degree

24.41 %

Commuter

Travel To Work

By Car

91.79 %

By Public Transit

1.3 %

By Walking

1.36 %

By Bicycle

0.0 %

By Other Methods

5.55 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.55 %

Houses

99.45 %

72 St Thomas Line, Paradise, Newfoundland & Labrador, A1L 2M1