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USD 457,215

62A ALLANDALE Road
St. John's, Newfoundland and Labrador

Beds 10
Baths 1 ½

Property Description

What a CASH-COW! Located directly across MUN campus, this turn-key investment property with 10 beds 4.5 baths and a commercial unit is the ultimate investors dream! This amazing property comes with 2 self-contained three-bedroom units, 2 self-contained two bedroom units, each of which has its own separate entrances, electrical panels, kitchens, baths and laundry. The commercial store is permitted for a convenience store with grandfathered small hot foods/ small take-out. In the rear is an 8-car parking lot with room for expansion. Extensively renovated over the years, this zero-vacancy property is now being sold turn-key with all furniture in place for the savvy investor. It is fully-rented for $7025 POU per month, yielding you at least 10% CAP, a rare find in todays market. (id:885)

Courtesy of RE/MAX Realty Specialists

Property Details

ID #
1245340
Status
Sale
Type
Single Family, Multi-Family, House, Residential
Postal Code
A1B3A1
Building Area
377m2
Year Built
1951
Septic
City sewer
Construction Style Attachment
Detached
Exterior
Vinyl siding
Fencing
Partially fenced
Flooring Type
Mixed Flooring
Foundation Type
Concrete
Heating Fuel
Electric
Heating Type
Baseboard heaters
Ownership Type
Freehold
Storage Type
Storage Shed
Utility Water
Municipal water
Zoning Description
R1
Appliances
Dryer, Microwave, Range - Gas, Refrigerator, Stove, Washer

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St. John's, Newfoundland and Labrador

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