16 Johnson Crescent, St John's, Newfoundland & Labrador, A1B 2J4

Property Information:

This registered two-apartment available for immediate possession. Can make a great investment property or family home for you to move into features a 3 bedroom, 1 bath 1180 square foot main level apartment that has original oak hardwood flooring throughout, bright living and dining area, large kitchen with access to the backyard, and main floor laundry. The basement unit is a spacious one of a kind apartment that has been fully renovated to the studs in 2019 with new kitchen, 4 piece bath with a Jet tub, flooring & fixtures, Electric fireplace in the living room and has a bonus home office/den and will include most of the furniture (inquire for full list of inclusions). The Property is currently generating steady rental income, with the main floor apartment renting for $2000/month (POU) on a month-to-month basis. The tenants are moving out by the end of the month and will be vacant for possession on March 1st. The basement apartment, which is leased until August 2025, is renting for $1200/month (POU). Making this an ideal turn-key investment opportunity. Located in the highly desirable east end of St. John's, the property is within walking distance of the College of the North Atlantic, Marine Institute, and YMCA, and just a short drive to Memorial University and the Health Sciences Centre. The prime location offers excellent access to major roadways, public transportation, and local amenities. Additionally, the property backs onto Fox Avenue Park, providing a peaceful outdoor family setting. With reliable rental income and tenants who wish to stay, this property offers a strong investment potential in a high-demand rental market. It also presents a great opportunity for a first-time home-buyer looking to supplement their mortgage with a sought-after basement apartment. (id:27)