6 Riverview Avenue

About this home

Exceptional investment opportunity or ideal owner-occupied income property! This well-maintained 3-unit home offers strong rental potential on a large, mature lot in the heart of Mount Pearl. The spacious main floor unit features 3 bedrooms and 1 full bathroom and is currently vacant, making it perfect for an owner-occupant or to set your own market rent. Previously rented for $2,100/month, this bright unit offers a huge living room, an oversized kitchen with a peninsula, a dedicated laundry room, and the potential to create a fourth bedroom for even greater value. The recently renovated 2-bedroom basement apartment is finished with a modern kitchen, newer appliances, its own laundry, and a full bathroom. This unit is currently rented for $1,100/month. A separate 1-bedroom, 1-bathroom basement unit offers a functional layout complete with its own laundry, kitchen, pantry, and private living space. This unit is currently rented for $1,200/month, providing an additional income stream. Outside, you'll find a large, mature lot with two separate driveways providing ample parking for multiple vehicles, along with a spacious detached garage offering excellent storage or workshop space. Whether you're looking to expand your investment portfolio or offset your mortgage by living in the spacious main-floor unit while collecting rental income from the two basement apartments, this versatile property offers outstanding value and excellent income potential, with projected gross rental income of $4,400 per month when the main floor is rented. (id:66966)

Details

Type

Other

Property tax

$2,894 (2026)

Municipality

Mount Pearl

Interior

Bedrooms

0 above ground

Fireplace

No

Flooring

Mixed Flooring

Heating, cooling and services

Heating

Baseboard heaters, Electric

Water and sewer

Municipal sewage system

Building and exterior

Year built

1965

Roof

Metal

Foundation

Concrete

Outdoor

Vinyl siding

Location

Location is approximate. See nearby homes on the map