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$ 799,900
Est. payment /mo
Active
120 Craigmillar Avenue St. John's, NL A1E1Z8
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 1292238
Year Built 1965
Property Sub-Type Freehold
Source Newfoundland & Labrador Association of REALTORS®
Property Description
Discover an exceptional investment opportunity in the heart of the city with this 8-unit multi-family property. The building features seven one-bedroom units and one two-bedroom unit, 7 of which are currently tenant-occupied and generating a total monthly income of $6,200. With all units self-contained and tenants responsible for their own heat and electricity, this property offers a low-maintenance, high-return investment. Boasting a potential annual income exceeding $70,000, this property provides both strong cash flow and long-term growth potential. Conveniently located in the city centre, this property offers easy access to amenities, public transit and shopping a prime location that continues to attract reliable tenants and steady demand. *Minimum 24-48 hours notice for showings (id:24570)
Location
Province NL
Rooms
Kitchen 0.0
Interior
Flooring Mixed Flooring
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel