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Home NL Greater St. John's Division No. 1 Mount Pearl Glendale
16 Riverview Avenue
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16 Riverview Avenue $849,900
$849,900
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16 Riverview Avenue
Mount Pearl, Newfoundland & Labrador A1N1M1

MLS® Number: 1292570

Listing Description

Discover a rare opportunity to own a well-maintained 6-unit multi-family property ideally located in Mount Pearl! The building comprises six three-bedroom units, with all units currently occupied and generating a total monthly income of $5,100. Each unit is self-contained with laundry hook up, tenants responsible for their own heat and electricity—offering an investor a low-maintenance and high-return asset. With a potential annual income exceeding $60,000, this property delivers both strong cash flow and excellent long-term growth potential. Conveniently located, the property offers easy access to amenities, public transit, and shopping, making it a highly desirable location that consistently attracts reliable tenants and steady demand. Minimum 24–48 hours’ notice required for showings. **Property is being sold as is, where is. Any HST applicable is the responsibility of the purchaser. No conveyance of offers until Wednesday, November 19 @ 2:00pm and left open for acceptance until 5:00pm the same day (30395740)

Property Summary

Property Type
Single Family
Building Type
Multi-Family
Title
Freehold
Land Size
0.24 acres|under 1/2 acre
Built in
1971
Annual Property Taxes
$4,867
Time on REALTOR.ca
28 days

Building

Interior Features
Flooring
Mixed Flooring
Building Features
Architecture Style
3 Level
Rental Equipment
None
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick

Land

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