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Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel
$849,900
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1292570
Style 3 Storey,6-10 Units
Year Built 1971
Annual Tax Amount $4,867
Tax Year 2025
Lot Dimensions 0.24 acres
Property Sub-Type Multi Family
Source NLAR
Property Description
Discover a rare opportunity to own a well-maintained 6-unit multi-family property ideally located in Mount Pearl! The building comprises six three-bedroom units, with all units currently occupied and generating a total monthly income of $5,100. Each unit is self-contained with laundry hook up, tenants responsible for their own heat and electricity—offering an investor a low-maintenance and high-return asset. With a potential annual income exceeding $60,000, this property delivers both strong cash flow and excellent long-term growth potential. Conveniently located, the property offers easy access to amenities, public transit, and shopping, making it a highly desirable location that consistently attracts reliable tenants and steady demand. Minimum 24–48 hours' notice required for showings. **Property is being sold as is, where is. Any HST applicable is the responsibility of the purchaser. No conveyance of offers until Wednesday, November 19 @ 2:00pm and left open for acceptance until 5:00pm the same day
Location
Province NL
Zoning Res.
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Equipment None
Exterior
Exterior Feature Brick
Roof Type Torched-on
Building
Story 3
Sewer Municipal
Water Municipal
Schools
Elementary Schools Mary Queen Of The W
Middle Schools St. Peter'S Junior
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