6 Riverview Avenue,Mount Pearl, NL A1N1M1
Mount Pearl, NL A1N1M1
Description
Exceptional investment opportunity or ideal owner-occupied income property! This well-maintained 3-unit home offers strong rental potential on a large, mature lot in the heart of Mount Pearl. The spacious main floor unit features 3 bedrooms and 1 full bathroom and is currently vacant, making it perfect for an owner-occupant or to set your own market rent. Previously rented for $2,100/month, this bright unit offers a huge living room, an oversized kitchen with a peninsula, a dedicated laundry room, and the potential to create a fourth bedroom for even greater value. The recently renovated 2-bedroom basement apartment is finished with a modern kitchen, newer appliances, its own laundry, and a full bathroom. This unit is currently rented for $1,100/month. A separate 1-bedroom, 1-bathroom basement unit offers a functional layout complete with its own laundry, kitchen, pantry, and private living space. This unit is currently rented for $1,200/month, providing an additional income stream. Outside, you'll find a large, mature lot with two separate driveways providing ample parking for multiple vehicles, along with a spacious detached garage offering excellent storage or workshop space. Whether you're looking to expand your investment portfolio or offset your mortgage by living in the spacious main-floor unit while collecting rental income from the two basement apartments, this versatile property offers outstanding value and excellent income potential, with projected gross rental income of $4,400 per month when the main floor is rented. (id:13843)
Details
| MLS # | 1300074 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-family |
| Status | Active |
| Year | 1965 |
| Days On Site | 105 |
| Listing Provided By | eXp Realty | Andrew Collins |
Features
| Zoning | RES |
|---|
Interior
| Heating | Baseboard heaters, Electric |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Roof | Metal, Unknown |
|---|---|
| Foundation Details | Concrete |
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 2894 |
|---|---|
| Tax Year | 2026 |
Area Information
| Province | NL |
|---|---|
| City | Mount Pearl |
| Postal Code | A1N1M1 |
| Listing VS Median (in A1N1M1) | |
Price: $475,000 low | high Med: $475,000 On site: 105 low | high Med: 66 | |
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Learn More About This Property
| Province | NL |
|---|---|
| City | Mount Pearl |
| Postal Code | A1N1M1 |
| Listing VS Median (in A1N1M1) | |
Price: $475,000 low | high Med: $475,000 On site: 105 low | high Med: 66 | |
