150 University Avenue, St. John's, Newfoundland & Labrador

About 150 University Avenue

Located within walking distance of the university, this home is the perfect investment opportunity for buyers looking to capitalize on the strong demand for student housing! With a consistent rental income history, this property offers both stability and the potential for even greater returns…Rent out the whole house or lease individual rooms to maximize monthly cash flow! Inside this 4-bedroom, 2.5 bath home, you'll find a bright and spacious open concept living and dining area that flows seamlessly into the kitchen. A large family room with built-in storage opens to a deck overlooking a large backyard. Downstairs features a spacious rec room which can be used as an additional 5th bedroom, a separate laundry area, and a large basement perfect for storage. Could also easily be converted into a two-apt home with rear basement access, existing laundry room plumbing, a sink area for a kitchen, and a half bath already in place! Other features include off-street parking for several vehicles, a rare find this close to campus! Whether you want to expand your investment portfolio or break into the market with a high-performing property, this home checks all the boxes! Don’t miss out on this high-demand rental in a PRIME location! As per the Sellers Directive, there will be no conveyance of any written offers before 7pm on May 13, 2025 and all offers are to remain open for consideration until 10pm on May 13, 2025. (id:36535)

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