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$219,900

10 Lemarchant Road, St. John's, Newfoundland & Labrador, A1C 2G5

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MLS® # 1282013

2+1 Beds

2 Baths

Property Information:

This centrally located 2-story, 2 APARTMENT home offers the perfect blend of modern updates and rental income. The main level apartment is flooded with natural light, has great views of the city and is two levels - making it an ideal unit for someone to live in or to rent to the extremely competitive St. John's rental market. High ceilings make it feel very spacious and it the apartment is well maintained by the current tenants. The basement apartment features many recent updates, 1 bedroom and its own laundry! Currently vacant, the new owner could move right in or rent it to complete this income property. Located in the heart of the St. John's downtown core, this home is within walking distance to all amenities and provides an excellent opportunity for an investor or someone trying to minimize their costs and live cheaper than renting. Under $220,000 this is an unbelievable opportunity for someone to enter the real estate market or develop a real estate portfolio on the road to financial freedom! (id:27)

Building Features:

  • Style: Detached
  • Building Type: Two Apartment House
  • Architectural Style: 2 Level
  • Construction Style - Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Flooring Type: Flooring Type
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: Refrigerator, Stove, Washer, Dryer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 2+1
  • Bathrooms: 2
  • Amenities Nearby: Recreation, Shopping
  • Built in: 1914
  • Irregular: Yes
  • Lot Size: 20 x 25
  • Zoning: Res.
  • Sewer: Municipal sewage system

Rooms:

  • Bedroom 2nd Level 12.5 x 11
  • Bedroom 2nd Level 12 x 11
  • Bathroom 2nd Level 3 PC
  • Bathroom Basement Level 3 pc
  • Bedroom Basement Level 9 x 8.5
  • Living Basement Level 12 x 9.5
  • Kitchen Basement Level 10 x 5
  • Porch Main Level 6 x 5
  • Laundry Main Level 6 x 5
  • Living Main Level 13 x 13
  • Other Main Level 12 x 8

Courtesy of: BlueKey Realty Inc.

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Location of 10 Lemarchant Road, St. John's, Newfoundland & Labrador, A1C 2G5

Demographic Information of 10 Lemarchant Road, St. John's, Newfoundland & Labrador, A1C 2G5

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$86,953.40

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.42 %

High school certificate or equivalent

33.08 %

Apprenticeship trade certificate/diploma

5.48 %

College/non-university certificate

17.84 %

University certificate (below bachelor)

0.98 %

University Degree

27.19 %

Commuter

Travel To Work

By Car

64.89 %

By Public Transit

4.49 %

By Walking

24.69 %

By Bicycle

0.0 %

By Other Methods

5.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.95 %

Houses

81.05 %

Own Vs. Rent