$ 575.000

63 63 A Lemarchant Road, St Johns

  • Bedrooms: 6
  • Bathrooms: 6
  • Living area: 4119 square feet
  • Type: Multifamily
  • Added: 63 days ago
  • Updated: 63 days ago
  • Last Checked: 3 hours ago
This 6-unit apartment building is an exceptional find for investors! Fully rented and offers a steady monthly income from reliable tenants. Individually metered units allow tenants to pay their own utilities, ensuring maximum profitability and lower expenses for you! Each apartment features a bedroom, living room, kitchen, and bathroom. Shared amenities include a coin-operated washer and dryer to provide additional income. Recent updates include four new hot water tanks installed over the past 3 years, new flooring in one unit, fresh paint in two units, and some updated appliances throughout. Rear parking is shared with a local business and one dedicated spot at the front of the building. This building is just steps away from restaurants, shops, and entertainment, ensuring a high demand for tenancy! It’s solid rental history combined with great tenants makes this property an exceptional investment with reliable, steady cash flow! (id:1945)
powered by
Ratehub.ca

Property DetailsKey information about 63 63 A Lemarchant Road

  • Heating: Electric
  • Year Built: 2024
  • Structure Type: Multi-Family
  • Exterior Features: Vinyl siding
  • Foundation Details: Stone, Block

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Laminate, Carpeted, Other, Mixed Flooring
  • Appliances: Washer, Refrigerator, Stove, Dryer
  • Living Area: 4119
  • Bedrooms Total: 6

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 63 63 A Lemarchant Road

  • Water Source: Municipal water
  • Lot Size Dimensions: 40x100

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 63 63 A Lemarchant Road

  • Tax Year: 2024
  • Tax Annual Amount: 7730
  • Zoning Description: Mixed
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
2
Min Price
$575,000
Max Price
$2,200,000
Avg Price
$1,387,500
Days on Market
55 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

Name
Type
Address
Distance
Bacalao Nouvelle Newfoundland Cuisine
Restaurant
65 Lemarchant Rd
0.1 km
Ches's Snacks Ltd
Restaurant
9 Freshwater Rd
0.2 km
Mile One Centre
It is home to the St...
0.3 km
George Street (St. John's)
The two-block long street houses nothing but bars,...
0.4 km
Green Sleeves Pub & Restaurant
Night club
14 George St
0.4 km
Timeline of St. John's history
John's, Newfoundland and Labrador...
0.4 km
St. John's Convention Centre
John's, Newfoundland and Labrador at 101 New Gower...
0.4 km
Mount Scio
Mount Scio includes part of the town of Paradise a...
0.5 km
Piatto Pizzeria Enoteca
Restaurant
377 Duckworth St
0.5 km
Press And Bean Restaurant
Restaurant
291 Water St
0.5 km
Bridie Molloy's
Bar
5 George St
0.5 km
351 (building)
John's, Newfoundland and Labrador, at 351 Water St...
0.5 km
Additional Information about 63 63 A Lemarchant Road

This Multifamily at 63 63 A Lemarchant Road St Johns, NL with MLS Number 1277707 which includes 6 beds, 6 baths and approximately 4119 sq.ft. of living area listed on St Johns market by Holly Halfyard - Krown Property Investments Inc. at $575,000 63 days ago.

We have found 6 Multifamily that closely match the specifications of the property located at 63 63 A Lemarchant Road with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 379,900 and 769,900.

The current price of the property is $575,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 15% down payment, the total amount borrowed would be $488,750. This would result in a monthly mortgage payment of $2,689 over a 25-year amortization period.

More Details?
Holly Halfyard
  • Holly Halfyard
  • Krown Property Investments Inc.
  • 709-687-7957