Property Information:

Welcome to 3 Guy Street, a rare cash-flowing investment opportunity in the heart of St. John’s, ideally located within walking distance to MUN, HSC, grocery stores, restaurants, bus routes, and countless everyday amenities, making it highly attractive to students and working professionals alike. This versatile property features a spacious 5-bedroom main unit, a self-contained in-law/bachelor suite, and a registered 2-bedroom apartment, offering excellent flexibility for investors or owner-occupiers looking to offset their mortgage with substantial rental income. The property was previously generating approximately $4,900/month POU in rental income, including the bachelor suite which alone rented for $1,000/month POU, and despite that suite currently being vacant, the property still generates approximately $3,900/month POU. Recent upgrades include electrical improvements, some PEX plumbing upgrades, oil-to-electric conversion, a new driveway, and shingles replaced approximately 6 years ago, providing added value and peace of mind for the next owner. Whether you are looking to expand your portfolio, house hack, or secure a high-performing rental property in one of the city’s strongest rental locations, 3 Guy Street presents an exceptional opportunity with proven income history and strong upside potential. (id:27)

Building Features:

Style: Detached
Building Type: Two Apartment House
Construction Style - Attachment: Detached
Exterior Finish: Vinyl siding
Floor Space: 2291 sqft
Flooring Type: Flooring Type
Foundation Type: Concrete
Heating Fuel: Electric
Appliances: Refrigerator, Stove, Washer, Dryer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 8
Bathrooms: 3
Built in: 1965
Floor Space (approx): 2291 Square Feet
Irregular: Yes
Lot Size: 50x135 ft
Zoning: Res
Sewer: Municipal sewage system

Rooms:

Bedroom Basement Level 9 x 11
Bedroom Basement Level 12.8 x 10.9
Other Basement Level 12.6 x 11.11
Other Basement Level 13.5 x 11.11
Bedroom Main Level 11.6 X 10
Bedroom Main Level 10.2 X 11.6
Bedroom Main Level 11.5 X 7.9
Bathroom Main Level 10.2 X 4.11
Kitchen Main Level 14.6 X 11.2
Living Main Level 17.6 X 16.8

Courtesy of: Century 21 Seller's Choice Inc.

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Demographic Information of 3 Guy Street, St. John's, Newfoundland & Labrador, A1B 1P4

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$89,247.12

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.86 %

High school certificate or equivalent

36.62 %

Apprenticeship trade certificate/diploma

4.36 %

College/non-university certificate

15.35 %

University certificate (below bachelor)

2.27 %

University Degree

26.54 %

Commuter

Travel To Work

By Car

61.55 %

By Public Transit

15.13 %

By Walking

18.83 %

By Bicycle

0.5 %

By Other Methods

3.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.0 %

Houses

93.0 %

3 Guy Street, St. John's, Newfoundland & Labrador, A1B 1P4