A spacious 7304 square feet of living space, a residential apartment property perfectly priced for the current market, presents an ideal investment opportunity.
The property situates on a corner lot in the suburban community of Sutherlands, northeast of downtown St. John’s. Its structure spans three floors, including a detached garage, a utility room and an underground cistern providing an additional 455 square feet.
Features seven (7) self-contained units, including five (5) spacious 2-bedroom, all with the same layout concept. The ground floor accommodates two (1) one bedroom/1 bath/laundry and one (2) bedroom/1.5 baths/laundry. The first and second floors accommodate a total of four (4) units, two units on either floor inclusive of two (2) bedrooms/1.5 baths/laundry with external balconies. The front units on the two upper floors capture fantastic city views.
The building is structurally sound. But to maximize return on investment (ROI), property improvement is recommended.
A stone’s throw and a three-minute drive down into the city centre, centrally located to commercial services, and shopping, with quick and easy access to public transportation. Sutherlands is an investment property worth consideration.