$295,000 FOR SALE

Semi-Detached

Bedrooms: 4+3Bathrooms: 2Total Area: 1,550 ft2

7 Hoyles Avenue
St. John's, NL A1B 1E2

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:47423)

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Listed By RE/MAX Realty Specialists
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1268047
Last Updated Mar 04, 2024
Property Summary
Property Type Semi-Detached

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Price History
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Detailed Information
Bedrooms 4+3
Bathrooms 2
Total Area 1,550 ft2
Listing Contract Date 2024-02-29
Ownership Type Freehold
Property Type Single Family
Structures Patio(s)
Transaction Type For sale
Zoning Description Res
Building
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 1.5
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BedroomSecond level9'4"" X 16
BedroomSecond level9' X 13'
BedroomBasement8' X 9'
BedroomBasement8' X 10'
BedroomBasement8' X 10'
Bath (# pieces 1-6)Basement4 PC
BedroomMain level12' X 9'4""
BedroomMain level11'8 X 15
Bath (# pieces 1-6)Main level3 PC
KitchenMain level7'10"" X 14'5
Land
Total Size 35.5 x 145 x 44 x 144 | under 1/2 acre
Fence Type Fence
Landscape Features Landscaped
Sewer Municipal sewage system
Size of Irregular Land 35.5 x 145 x 44 x 144

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