$475,000

House For Sale In Mount Pearl, Newfoundland and Labrador

$475,000
  • 6

    Bedrooms

  • 3

    Baths

  • 80 x 120

    Lot Size

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: Two Apartment House
  • Construction Style - Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Floor Space: 3000 sqft
  • Flooring Type: Flooring Type
  • Foundation Type: Concrete
  • Roof Material: Metal
  • Roof Style: Unknown
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: Washer, Dryer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 6
  • Bathrooms: 3
  • Built in: 1965
  • Floor Space (approx): 3000 Square Feet
  • Irregular: Yes
  • Lot Size: 80 x 120
  • Zoning: RES
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage

Rooms:

  • Laundry Lower Level x 0
  • Bathroom Lower Level 4PC
  • Other Lower Level 11 x 10
  • Other Lower Level 10 x 10
  • Other Lower Level 11 x 11
  • Other Lower Level 11 x 11
  • Other Lower Level x 0
  • Bathroom Lower Level 4PC
  • Other Lower Level 12 x 12
  • Other Lower Level 12 x 10
  • Other Lower Level 15 x 10
  • Laundry Main Level 7 x 7
  • Bathroom Main Level 4PC
  • Bedroom Main Level 10 x 10
  • Bedroom Main Level 10 x 10
  • Bedroom Main Level 12 x 12
  • Living Main Level 20 x 14
  • Kitchen Main Level 18 x 10

Courtesy of: eXp Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.