72 St Thomas Line, Paradise, Newfoundland & Labrador

About 72 St Thomas Line

Located in Paradise on St Thomas Line, this well maintained three apartment, 8 bedroom and 4 bath home has a very good gross income and has been extensively renovated in the past few years. The lot is a corner lot with rear yard access, has 3 sheds for individual tenant storage, is landscaped and in a great location. There is a two level, 4-bedroom larger apartment that has a separate laundry, family room and is on a long-term lease. The main floor 2-bedroom apartment is very spacious with lots of natural light and right below it is the basement 2-bedroom apartment. All units are currently rented with a total monthly income of $3950 POU with room to improve. Over the past several years there have been extensive interior and exterior renovations that could help make for low maintenance ownership in the coming years. Some recent renovations include exterior work such as new shingles, exterior plywood sheathing and siding, pavement, eavestrough, blown-in insulation. Interior renovations include some new windows, flooring, doors, painting, heaters, hot water tanks, etc. with a more detailed list available to your agent under documents. An awesome investment property. Don’t miss this opportunity!! Per the Sellers Direction, there will be no conveyance of any written, signed offers prior to 3PM on the 8th of September, 2026. Offers to remain open for acceptance until 8pm same day. (id:2599)