3 Blackmarsh Road, St. John's, Newfoundland & Labrador, A1E 1S2
$649,500MLS® # 1298882
Investment For Sale In Old West End, St. John's, Newfoundland and Labrador
Property Information:
Prime mixed-use property offering immediate cash flow and future upside. the upper level features a spacious 3 bedroom apartment, while approximately 2,000 sq ft of additional upper-level space presents an excellent opportunity for further development, expansion, or the creation of additional rental units (subject to city approval) The main floor is currently leased to a commercial tenant with 3 years remaining on the lease, providing stable and predictable income from day one. Ideal for investors, developers, or business owners seeking a high-visibility property with multiple revenue streams and significant value-add potential. A rare opportunity to acquire a property that combines secure commercial tenancy with residential development possibilities. (id:27)
Building Features:
- Style: Multiplex
- Building Type: Other
- Construction Style - Attachment: Detached
- Exterior Finish: Brick
- Floor Space: 3400 sqft
- Flooring Type: Flooring Type
- Foundation Type: Concrete
- Heating Type:
- Heating Fuel: Electric
Property Features:
- OwnershipType: Freehold
- Property Type: Multi-family
- Bedrooms: 3
- Bathrooms: 1
- Amenities Nearby: Highway
- Built in: 1975
- Floor Space (approx): 3400 Square Feet
- Irregular: Yes
- Lot Size: 50ft x 100ft
- Zoning: R2
- Sewer: Municipal sewage system
Rooms:
- Other 2nd Level 1000sq ft
Courtesy of: HomeLife Experts Realty Inc.
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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.
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