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29-33 Waterford Bridge Road St. John's, Newfoundland & Labrador A1E 1C5

21 Bedroom 5 Bathroom

$579,900

Discover an exceptional investment opportunity in the heart of St. John's! This multi-family property features 20 bed-sitting rooms plus a separate one-bedroom apartment, making it an attractive choice for investors looking to maximize rental income potential. Currently configured as a four-unit building, this property offers plenty of possibilities for those with an entrepreneurial spirit. Each unit provides comfortable living spaces, with shared bathroom facilities thoughtfully distributed throughout. The additional one-bedroom apartment adds extra value and flexibility to your investment strategy. The property's location is simply unbeatable - situated in a well-established neighborhood with easy access to downtown amenities, Memorial University, and major transportation routes. Students, young professionals, and working individuals will appreciate the convenient proximity to essential services, shopping, and dining options. Plus it is backing on the beautiful Waterford River. While the property is being sold as-is, it presents an exciting opportunity for investors who can envision its potential. With some strategic renovations and updates, this building could be transformed into an even more attractive rental property. The solid bones and excellent location provide a strong foundation for your investment vision. Perfect for property investors, developers, or entrepreneurs looking to expand their real estate portfolio, this multi-family property combines location advantages with significant income-generating potential. Don't miss this chance to acquire a property with so much untapped potential in one of St. John's most sought-after areas. (id:12973)

Property Details

MLS® Number 1280129
Property Type Other
Structure Patio(s)

Building

Bathroom Total 5
Bedrooms Total 21
Appliances See Remarks
Constructed Date 2024
Exterior Finish Vinyl Siding
Flooring Type Mixed Flooring
Foundation Type Concrete
Heating Fuel Oil
Type Other
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 95x82x98x90
Size Total Text 95x82x98x90|7,251 - 10,889 Sqft
Zoning Description Res

Rooms

Level Type Dimensions

https://www.realtor.ca/real-estate/27704466/29-33-waterford-bridge-road-st-johns

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Craig Walker

(709) 690-0660
(709) 726-4219
www.nl4sale.ca/

RE/MAX Realty Specialists
40 Aberdeen Avenue
St. John's, Newfoundland & Labrador A1A 5T3

(709) 726-8300
(709) 726-4219