$199,900
 $1,073 est/mo Sourced by Back At You

136a Memorial Drive,Clarenville, NL A5A1N5

Clarenville, NL A5A1N5

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Description

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)

Details

MLS #1302472
Listing TypeFor Sale
StyleHouse
StatusActive
Year1975
Days On Site62
Listing Provided ByRE/MAX Infinity Realty Inc. - Sheraton Hotel | Robert Decker

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,126
ZoningRes.

Interior

HeatingBaseboard heaters, Electric
Fireplace Yes / NoNo

Exterior

RoofAsphalt shingle, Unknown
Foundation DetailsConcrete

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount1132
Tax Year2026

Area Information

ProvinceNL
CityClarenville
Postal CodeA5A1N5
Listing VS Median (in A5A1N5)
Price:
$199,900
low | high
Med:
$199,900
50% of Average
sqft:
1,126
low | high
Med:
1,126
50% of Average
$ / sqft:
$178
low | high
Med:
$178
50% of Average
On site:
62
low | high
Med:
62
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceNL
CityClarenville
Postal CodeA5A1N5
Listing VS Median (in A5A1N5)
Price:
$199,900
low | high
Med:
$199,900
50% of Average
sqft:
1,126
low | high
Med:
1,126
50% of Average
$ / sqft:
$178
low | high
Med:
$178
50% of Average
On site:
62
low | high
Med:
62
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 9:44:33 PM PDT