7 Hoyles Avenue, St. John's, Newfoundland & Labrador

$295,000

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7

Beds

2

Baths

1,550

Square feet

About 7 Hoyles Avenue

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:2599)

Features of 7 Hoyles Avenue

Listing # 1268047
Price $295,000
Bedrooms 7
Bathrooms 2.00
Square Footage 1,550
Acres 0.00
Year Built 1950
Type Single Family
Sub-Type Freehold

Community Information

Address 7 Hoyles Avenue
City St. John's
Province Newfoundland & Labrador
Postal Code A1B1E2

Amenities

Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Washer, Dryer
Heating Electric
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Vinyl siding
Exterior Features Landscaped
Lot Description 35.5 x 145 x 44 x 144|under 1/2 acre
Foundation Concrete

Listing Details

OfficeRE/MAX Realty Specialists

Listing Map

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