Other · MLS® 1295728
9 Forbes Street
St. John's, NL A1E3L3
$3,275,000
About This Property
RARE INVESTMENT OPPORTUNITY! This well-maintained residential building features 22 fully occupied units, offering immediate and reliable income potential. The property includes a desirable unit mix of 17 one-bedroom apartments, 1 two-bedroom apartment, and 4 spacious three-bedroom apartments, appealing to a broad tenant base. Currently generating over $25,000 in monthly rental income, this asset presents strong cash flow and long-term investment value. Ideally situated in a highly convenient location, the building is just steps from the Village Mall Shopping Centre, major bus routes, Hazelwood School, and nearby walking trails, making it an attractive choice for tenants seeking accessibility and lifestyle amenities. An exceptional opportunity for investors looking to expand their portfolio with a stable, income-producing property in a sought-after area. *Any and all HST applicable is the responsibility of the purchaser (id:65620)
Property Details
Location
Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel. Inquiries through this site are handled by Royal LePage Turner Realty.
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