3 Guy Street, St. John's, Newfoundland & Labrador

About 3 Guy Street

Welcome to 3 Guy Street, a rare cash-flowing investment opportunity in the heart of St. John’s, ideally located within walking distance to MUN, HSC, grocery stores, restaurants, bus routes, and countless everyday amenities, making it highly attractive to students and working professionals alike. This versatile property features a spacious 5-bedroom main unit, a self-contained in-law/bachelor suite, and a registered 2-bedroom apartment, offering excellent flexibility for investors or owner-occupiers looking to offset their mortgage with substantial rental income. The property was previously generating approximately $4,900/month POU in rental income, including the bachelor suite which alone rented for $1,000/month POU, and despite that suite currently being vacant, the property still generates approximately $3,900/month POU. Recent upgrades include electrical improvements, some PEX plumbing upgrades, oil-to-electric conversion, a new driveway, and shingles replaced approximately 6 years ago, providing added value and peace of mind for the next owner. Whether you are looking to expand your portfolio, house hack, or secure a high-performing rental property in one of the city’s strongest rental locations, 3 Guy Street presents an exceptional opportunity with proven income history and strong upside potential. (id:2599)