New Listing**INVESTOR ALERT! TWO-UNIT PROPERTY OVERLOOKING THE WATERFORD RIVER!** Great investment opportunity! This two-storey property features two self-contained two-bedroom apartments, each with its own patio deck overlooking the Waterford River. Enjoy peaceful summer evenings surrounded by trees while listening to the gentle flow of the river. The backyard also features a fire pit for tenants to enjoy. The property includes a full open basement for storage, off-street parking for 3-4 vehicles, and appliances in both units (no warranty). The second-floor unit also features a washer and dryer, only one year old. Seller's Direction is in place and no offers will be conveyed prior to 7pm November 4, 2026 and 11pm November 4, 2026. The second-floor unit is currently leased for $1,800 per month, POU, until March 2027. The main-floor unit is rented month-to-month for $1,400 per month, POU, to a friend and was previously rented for $1,800 per month, POU. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers an excellent opportunity in a peaceful riverside setting! (id:13843)
| MLS # | 1304915 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1957 |
| Days On Site | 2 |
| Listing Provided By | RE/MAX Realty Specialists | Bill Sheppard |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,937 |
| Zoning | Mixed |
| Heating | Baseboard heaters, Electric |
|---|---|
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Oven - Built-In |
| Fireplace Yes / No | No |
| Roof | Asphalt shingle, Unknown |
|---|---|
| Foundation Details | Concrete |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3595 |
|---|---|
| Tax Year | 2025 |
| Province | NL |
|---|---|
| City | St. John's |
| Postal Code | A1E1C5 |
| Listing VS Median (in A1E1C5) | |
Price: $499,500 low | high Med: $975,000 sqft: 2,937 low | high Med: 1,911 $ / sqft: $170 low | high Med: $511 On site: 2 low | high Med: 108 | |
| Province | NL |
|---|---|
| City | St. John's |
| Postal Code | A1E1C5 |
| Listing VS Median (in A1E1C5) | |
Price: $499,500 low | high Med: $975,000 sqft: 2,937 low | high Med: 1,911 $ / sqft: $170 low | high Med: $511 On site: 2 low | high Med: 108 | |