About the property (MLS: 1284516):
Are you an investor seeking a strong return or a first-time home buyer looking to offset your mortgage with rental income? Look no further than 84 Larkhall Street, currently rented for 5,500/- —a rare opportunity in the heart of one of St. John’s most desirable rental markets. Situated within walking distance to Memorial University, Health Sciences Centre, Avalon Mall, schools, and a full range of commercial amenities, this property offers exceptional convenience and unbeatable rental appeal. This well-maintained home features three separate units, making it an ideal setup for multi-generational living or maximizing rental income: Main Unit: A spacious 5-bedroom, 2-bathroom home with a large living room boasting panoramic city views, and a bright, open kitchen and dining area. A heat pump is installed for economic heating. Second Unit: A 2-bedroom, 1-bathroom apartment with a separate kitchen and living area, and its own private single driveway. Third Unit: A cozy 1-bedroom, 1-bathroom suite with a comfortable living room and kitchen, perfect for students or a couple rental. The entire property is well taken care of with timely maintenance, featuring a spacious backyard with a large storage shed perfect for gatherings, gardening, or relaxation. The current owner has completed numerous valuable upgrades, including new eaves (2023), heat pumps (2021), Enhanced insulation, washer and dryer for the apartments and sump pump replaced (2020), and shingles (2019). Major updates in 2017 include siding, front deck, exterior stairs and railings, windows, doors, and fully renovated kitchen and bathrooms in the main unit. These improvements offer peace of mind and make the home move-in ready. Seller's Direction : There won't be any conveyance of written signed offers prior to 5.00 PM on May 26, 2025, Monday. All offers to be kept open until 10.00 PM on the same day. (id:56688)
Property Details
Listing ID: 28348878
Address: 84 Larkhall Street, St. John's, Newfoundland & Labrador, Canada A1B2C6
Status: Active
Last updated: 9 days ago ( Jun 3, 2025 )
Year Built: 1966
Property Type: Single Family
Structure Type: Multi-Family
Ownership Type: Freehold
Beds: 0
Heating: Heat Pump, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Fencing: Fence
Tax Annual Amount: $2,958
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dryer
Water Source: Municipal water
Heating: Heat Pump, Electric
Flooring: Hardwood, Laminate, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 42
Rurl
Coordinates: [47.567965, -52.749931]
Rooms
Basic Calculator
First Mortgage: $383,920
Mortgage insurance premium: $0
Total Financing: $383,920
Rough closing fee (1.5%): ~ $7,199
Total downpayment with estimated closing fee: $103,179
Investment Calculator:
Monthly | Yearly | |
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Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $0 | $0 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | NaN% | NaN% |
Cash Flow | $0 | $0 |
Net Operating Income (NOI) | $0 | $0 |
Capitalization Rate | 0.00% | 0.00% |