72 Pennywell Road, St. John's, Newfoundland & Labrador

$289,900

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4

Beds

2

Baths

1,500

Square feet

About 72 Pennywell Road

This well-maintained duplex at 72 Pennywell Rd offers a fantastic investment opportunity with two full-level 2-bedroom apartments. Total living space of 1,500 sq.ft., 750 per unit. Separate electrical meters and electric baseboard heat in both units. The exterior of the property was painted in 2022 and still looks great. Both decks and the driveway are in excellent condition. Each unit has 2 bedrooms, the upstairs unit has in-unit laundry, each unit has a new refrigerator, and the main floor apartment has a new countertop. Additionally, the basement, which is accessed from the front of the building, offers extra space that was previously used as a workshop and storage area. Worth viewing the basement as it shows the sturdy foundation. This property is a prime investment in a sought-after location. Its solid condition, combined with the potential for increased future rental income, should make it an attractive option for investors looking to expand their portfolio. The main floor apartment currently rents for $1,100 POU, upstairs unit rents for $900 POU. Great tenants that are on month-to-month leases and have expressed a desire to stay. (id:2599)

Features of 72 Pennywell Road

Listing # 1271344
Price $289,900
Bedrooms 4
Bathrooms 2.00
Square Footage 1,500
Acres 0.00
Year Built 1960
Type Single Family
Sub-Type Freehold

Community Information

Address 72 Pennywell Road
City St. John's
Province Newfoundland & Labrador
Postal Code A1C2L7

Amenities

Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator
Heating Electric Baseboard heaters
Fireplace No
Has Basement No

Exterior

Exterior Other
Lot Description 25 x 231
Foundation Concrete, Concrete Slab, Poured Concrete

Listing Details

OfficeRE/MAX Infinity Realty Inc.

Listing Map

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