113 Military Road St. John's, Newfoundland & Labrador A1C 2E3

$649,900

Prime Multi-Family Investment: Registered 4-Unit Property Across from Bannerman Park A rare turnkey investment opportunity in an unbeatable location. Situated directly across from historic Bannerman Park on a major bus route, this registered 4-unit residential property has been well maintained as a non-smoking, pet-free building for over 25 years. This multi-unit asset is built for smooth management and low vacancy. ear many historic walking trails such as Signal Hill and Qudi Vidi which is a 15-20 minute walk away. It is also near many amenities such as supermarkets (Sobeys and Colemans), butcher shops (Halliday's for one which has been around for 100 years), bakeries, restaurants, and coffee shops. Everything a person would look for in a beautiful area of town. The famous George Street and the pedestrian mall is just over the hill for those inclined to partake. Also near and a part of, Jelly Bean Row, and historic homes in the downtown. Key Property Features Separated Utilities & Infrastructure: 5 separate electric meters (1 for each unit + 1 common area). Individual hot water boilers located in the basement. Upgraded PEX water supply lines in Units A and B. All vents exhaust directly to the exterior. Building & Exterior Updates: Torch-on roofing installed within the last 10 years; brand-new eavestroughs. Fully fenced yard with security lighting and signage. Dedicated 19' x 23' off-street parking area, plus permit parking can be available in the adjacent lot (cost is the tenant's responsibility) Storage: Generous 480 sq. ft. bonus storage room in the basement. Safety & Tenant Comfort: Dual ingress/egress access for all apartments (fire escapes and back decks). Modern deadbolts, smoke detectors, and fire extinguishers in every unit. Clean, updated flooring throughout over the past 8 years. (id:63476)

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