16 Riverview Avenue Mount Pearl, Newfoundland & Labrador A1N 1M1

3 Level Baseboard Heaters

$849,900

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 (id:47656)

Property Details

MLS® Number 1292570
Property Type Single Family
Equipment Type None
Rental Equipment Type None

Building

Architectural Style 3 Level
Constructed Date 1971
Exterior Finish Brick
Flooring Type Mixed Flooring
Heating Fuel Electric
Heating Type Baseboard Heaters
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.24 Acres
Size Total Text 0.24 Acres|under 1/2 Acre
Zoning Description Res.

https://www.realtor.ca/real-estate/29103170/16-riverview-avenue-mount-pearl

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