Excellent investment opportunity in a quiet, well-established area of Clarenville! This well-maintained 2-apartment home offers reliable rental income, functional layouts, ample parking, & a generous private setting on a ~1/2-acre lot. The main-level unit is occupied by excellent long-term tenants who would love to remain. It features an eat-in kitchen, bright & spacious living room with access to a private patio, 2 well-proportioned bedrooms, full family bathroom, laundry closet, additional patio space, rear landscaping, & storage shed. The second unit is currently rented for $700/month POU, with internet included. The lower-level apartment, with its own separate entrance, offers an open-concept kitchen & living area, 1 bedroom with full ensuite, & independent laundry. It is currently rented for $1,050/month with electricity & internet included. The home has undergone extensive renovations, with the entire upstairs interior fully renovated in 2009 & the basement completely rebuilt & ready for occupancy in 2012. Upgrades include a new government-certified electrical system, all-new plumbing, reinforced roof rafters, approximately 2 feet of blown-in attic insulation, blown-in wall insulation, & new exterior siding & shingles, all completed in 2009. The concrete basement was completely rebuilt in 2012 with double weeping tile & deep drainage trenches, making the entire basement apartment effectively brand new in 2012. The decks have an effective age of 2012, & a covered deck & back porch roof were added in 2016. Set well back from the main road, the property offers a peaceful, private atmosphere with generous parking for multiple vehicles. With established tenants, separate living spaces, private entrances, extensive renovations, & strong rental appeal, this is an excellent turnkey investment opportunity in Clarenville. (id:13843)
| MLS # | 1302472 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1975 |
| Days On Site | 62 |
| Listing Provided By | RE/MAX Infinity Realty Inc. - Sheraton Hotel | Robert Decker |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,126 |
| Zoning | Res. |
| Heating | Baseboard heaters, Electric |
|---|---|
| Fireplace Yes / No | No |
| Roof | Asphalt shingle, Unknown |
|---|---|
| Foundation Details | Concrete |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 1132 |
|---|---|
| Tax Year | 2026 |
| Province | NL |
|---|---|
| City | Clarenville |
| Postal Code | A5A1N5 |
| Listing VS Median (in A5A1N5) | |
Price: $199,900 low | high Med: $199,900 sqft: 1,126 low | high Med: 1,126 $ / sqft: $178 low | high Med: $178 On site: 62 low | high Med: 62 | |
| Province | NL |
|---|---|
| City | Clarenville |
| Postal Code | A5A1N5 |
| Listing VS Median (in A5A1N5) | |
Price: $199,900 low | high Med: $199,900 sqft: 1,126 low | high Med: 1,126 $ / sqft: $178 low | high Med: $178 On site: 62 low | high Med: 62 | |