11 Anderson Avenue, St. John's, Newfoundland & Labrador

About 11 Anderson Avenue

If you’ve been hunting for a serious CASH-COW, this one is tough to beat. Just a 9-minute walk to Memorial University, this registered two-apartment home with a rare third in-law suite is a true standout for investors. With a combined rental income of around $5,000 per month, it has proven itself as a strong performer in today’s market. The main unit offers 4 spacious bedrooms, a bright living room, and an eat-in kitchen. The registered basement apartment features 2 cozy bedrooms, its own entrance, full kitchen, and bath. The third in-law suite adds even more value, with an open-concept living/dining/kitchen area plus a separate bedroom and bath. Shared laundry keeps things simple and functional. Outside, tenants will appreciate the large garden, oversized storage shed, and two separate driveways—a rare convenience for multi-unit living. Recent updates include vinyl windows in the main unit, a 200-amp electrical panel, and a fully replaced sewer line. Freshly painted and move-in ready, this property is set up for a smooth takeover. Whether you want to live in one unit and have the others pay your mortgage, or rent out all three for maximum income, this property is a rare find in a prime MUN location. Don’t miss this chance to own a true income generator. NO SELLERS DIRECTION. (id:2599)