Affordable Investment Alert Near MUN! Unlock the door to a premier investment with this pre-inspected, semi-detached gem, nestled in a prime location that blends convenience with exceptional income potential. On the doorsteps of Memorial University and the vibrant Churchill Square, this 1.5-story home enjoys steady demand, boasting a robust monthly rental income of $3,280 for immediate positive cash flow. Across three thoughtfully designed levels, the residence caters to a wide tenant base. The main floor, with two bedrooms, an updated bathroom, and a welcoming eat-in kitchen, sets the stage for a comfortable living area. The second floor adds two more bedrooms, increasing privacy and living comfort. The highlight is the basement, featuring a modern kitchenette, three bedrooms, a full bathroom, and laundry facilities, all configured as an in-law suite, enhancing the property’s versatility and attractiveness to potential renters. Featuring electric heating and a spacious driveway leading to a large backyard, this property ensures tenant satisfaction while minimizing maintenance costs. Tasteful updates to both bathrooms enhance the home's functionality, further solidifying its appeal to investors. Positioned at 7 Hoyles Avenue, this opportunity transcends mere property ownership, offering a pathway to financial growth and stability within one of St. John's most desirable neighborhoods. Discover the promise of a high-yield investment home. Schedule your viewing today and embark on a strategic journey toward a wise and lucrative investment decision. (id:51013)
| MLS® Number | 1268047 |
| Property Type | Single Family |
| Structure | Patio(s) |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 7 |
| Appliances | Refrigerator, Washer, Dryer |
| Constructed Date | 1950 |
| Construction Style Attachment | Semi-detached |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Hardwood, Laminate, Other |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Stories Total | 2 |
| Size Interior | 1,550 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Acreage | No |
| Fence Type | Fence |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Irregular | 35.5 X 145 X 44 X 144 |
| Size Total Text | 35.5 X 145 X 44 X 144|under 1/2 Acre |
| Zoning Description | Res |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 9'4"" X 16 | ||
| Second Level | Bedroom | 9' X 13' | ||
| Basement | Bedroom | 8' X 9' | ||
| Basement | Bedroom | 8' X 10' | ||
| Basement | Bedroom | 8' X 10' | ||
| Basement | Bath (# Pieces 1-6) | 4 PC | ||
| Main Level | Bedroom | 12' X 9'4"" | ||
| Main Level | Bedroom | 11'8 X 15 | ||
| Main Level | Bath (# Pieces 1-6) | 3 PC | ||
| Main Level | Kitchen | 7'10"" X 14'5 |
https://www.realtor.ca/real-estate/26568074/7-hoyles-avenue-st-johns
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