6-8 Gill Place St. John's, Newfoundland & Labrador A1C 1K9

$299,900

Great 2-apartment home in a central downtown location now available! Ideal for those who wish to live in the top two floors and offset their mortgage with income from the main floor rental unit or operate it as Airbnb, as the current owner has done for 8 years. Also ideal for an investor who would like to capitalize on both units and generate income immediately. Vendor will leave furniture in the main floor apartment if the purchaser wishes. Renovations include a new shower enclosure in the main unit bathroom 4 yrs ago and, just recently, two new City inspected electrical panels. On the main floor is a one bedroom unit (8 Gill Place) with pine flooring, a fully equipped kitchen, and a cozy living area. Ideal for a single renter who is working downtown or for 1-2 Airbnb guests. The main unit (6 Gill Place) is located on the second and third floors. The second floor boasts a south facing living room with views of Signal Hill and an eat-in kitchen, plus a separate laundry area. The third floor has two bedrooms plus a bonus room that can be used as an office, nursery, den, or for storage. There is also a sizable rear garden (for the downtown core!), ideal for those who appreciate having outdoor space in a central location or for those with pets. As an added bonus, there are views of Signal Hill from the third floor bedroom and bonus room. Each unit has a separate electrical meter, all appliances in both units are included, and both units are ready for immediate occupancy! Apartment Airbnb revenue and electrical costs for past 4 years are available upon request. As per Sellers’ Direction Regarding Offers: No conveyance of written signed offers will take place before 4:00pm on Thursday, October 2, 2025. All offers must remain open for acceptance until 8:00pm that same day. (id:47656)

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https://www.realtor.ca/real-estate/28923692/6-8-gill-place-st-johns