Prime Investment Opportunity in Central St. John's! 2 unit property located on the corner of 1 Aldershot Street and 140 Merrymeeting Road, this versatile two-apartment property offers exceptional potential for savvy investors or home buyers looking for a mortgage helper. Unit 1 (140 Merrymeeting Road) - Move-In Ready: Extensively renovated and thoughtfully laid out. The main level features a spacious living area, functional kitchen, dedicated laundry/storage space, and a primary bedroom complete with a walk-in closet and half bath. Upstairs offers two additional bedrooms an office and a full bathroom. Upgrades include a new municipal water service, sewer vent, and new shingles (2019). Unit 2 (1 Aldershot Street) - High-Potential Project: Approximately 60-70% renovated, with major structural updates already complete, including new siding, windows, electrical service (2021), and shingles. Most remaining building materials needed to finish the project-including kitchen cabinetry and a bathroom vanity-are included in the purchase price! Bonus Parcel & Development Potential: The property includes an additional parcel of land offering fantastic versatility-ideal for a private garden, a large detached garage, or possible future development (the city previously approved plans for two additional units on this lot in 2005). Note: Any development, lot subdivision, or city approvals are to be verified and completed at the purchaser's expense. (id:13843)
| MLS # | 1302521 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1945 |
| Days On Site | 62 |
| Listing Provided By | Royal LePage Property Consultants Limited | Paul Head |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,409 |
| Zoning | R3 |
| Heating | Baseboard heaters, Electric |
|---|---|
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer |
| Fireplace Yes / No | No |
| Roof | Asphalt shingle, Unknown |
|---|---|
| Foundation Details | Concrete |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 2784 |
|---|
| Province | NL |
|---|---|
| City | St John's |
| Postal Code | A1G2T8 |
| Listing VS Median (in A1G2T8) | |
Price: $369,500 low | high Med: $369,500 sqft: 3,409 low | high Med: 3,409 $ / sqft: $108 low | high Med: $108 On site: 62 low | high Med: 62 | |
| Province | NL |
|---|---|
| City | St John's |
| Postal Code | A1G2T8 |
| Listing VS Median (in A1G2T8) | |
Price: $369,500 low | high Med: $369,500 sqft: 3,409 low | high Med: 3,409 $ / sqft: $108 low | high Med: $108 On site: 62 low | high Med: 62 | |