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Home NL Greater St. John's Division No. 1 St. John's Cornwall Heights - Fairview Acres
120 Craigmillar Avenue
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120 Craigmillar Avenue $799,900
$799,900
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120 Craigmillar Avenue
St. John's, Newfoundland & Labrador A1E1Z8

MLS® Number: 1292238

Listing Description

Discover an exceptional investment opportunity in the heart of the city with this 8-unit multi-family property. The building features seven one-bedroom units and one two-bedroom unit, 7 of which are currently tenant-occupied and generating a total monthly income of $6,200. With all units self-contained and tenants responsible for their own heat and electricity, this property offers a low-maintenance, high-return investment. Boasting a potential annual income exceeding $70,000, this property provides both strong cash flow and long-term growth potential. Conveniently located in the city centre, this property offers easy access to amenities, public transit and shopping a prime location that continues to attract reliable tenants and steady demand. *Minimum 24-48 hours notice for showings (30352941)

Property Summary

Property Type
Single Family
Building Type
Multi-Family
Title
Freehold
Land Size
493.9 SQ METRES|under 1/2 acre
Built in
1965
Annual Property Taxes
$3,205
Time on REALTOR.ca
39 days

Building

Interior Features
Flooring
Mixed Flooring
Heating & Cooling
Heating Type
(Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Other, Wood

Land

Other Property Information
Zoning Description
R1
Data provided by: Newfoundland & Labrador Association of REALTORS®
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