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:49203)
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
Contact Us
Contact us for more information
Robert Moore
115 Cavendish Square
St. John's, Newfoundland & Labrador A1C 3K2
(709) 793-0909
Alicia (Zhiyang) Xing
115 Cavendish Square
St. John's, Newfoundland & Labrador A1C 3K2
(709) 793-0909
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 01 2026 06:32:46
Newfoundland & Labrador Association of REALTORS®
RE/MAX Infinity Realty Inc. - Sheraton Hotel