82 Thorburn Road St. John's, Newfoundland & Labrador A1B 4B1
$5,500,000
Rare investment opportunity. This well-maintained residential building comprises 26 fully occupied units, providing immediate and dependable income. The unit mix includes three one-bedroom apartments and twenty-three two-bedroom apartments, appealing to a broad and stable tenant base. The property is currently generating in excess of $44,000 in monthly rental income, offering strong cash flow and long-term investment potential. Ideally located in a highly convenient area, it is within walking distance of the Avalon Mall, major transit routes, schools, and nearby walking trails—enhancing its appeal to tenants seeking both accessibility and lifestyle amenities. This represents an excellent opportunity for investors looking to expand their portfolio with a stable, income-producing asset in a sought-after location. * Any applicable HST is the responsibility of the purchaser. (id:28789)
Property Details
| MLS® Number | 1295754 |
| Property Type | Other |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Constructed Date | 1982 |
| Construction Style Attachment | Detached |
| Flooring Type | Mixed Flooring |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Sewer | Municipal Sewage System |
| Size Irregular | 1.19 Acres |
| Size Total Text | 1.19 Acres|1 - 3 Acres |
| Zoning Description | A2 |
https://www.realtor.ca/real-estate/29544898/82-thorburn-road-st-johns
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April 01 2026 06:32:46
Newfoundland & Labrador Association of REALTORS®
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