Buying or Selling your House in Western Newfoundland and Labrador

16 Riverview Avenue NEW

Mount Pearl, Newfoundland & Labrador

$849,900

Quick Summary

Location
Mount Pearl, Newfoundland & Labrador
Price
$849,900
Building Type
Multi-Family
Property Type
Single Family
Status
For sale
Area
n/a
Beds
0
Baths
n/a
Age
n/a
Postal Code
A1N 1M1
MLS®
1292570
Courtesy Of
RE/MAX Infinity Realty Inc. - Sheraton Hotel
Database ID:61750 DDF Feed ID: 29103170 Latitude: 47.520608 Longitude: -52.799606

Property Description

Discover a rare opportunity to own a well-maintained 6-unit multi-family property ideally located in Mount Pearl! The building comprises six three-bedroom units, with all units currently occupied and generating a total monthly income of $5,100. Each unit is self-contained with laundry hook up, tenants responsible for their own heat and electricity—offering an investor a low-maintenance and high-return asset. With a potential annual income exceeding $60,000, this property delivers both strong cash flow and excellent long-term growth potential. Conveniently located, the property offers easy access to amenities, public transit, and shopping, making it a highly desirable location that consistently attracts reliable tenants and steady demand. Minimum 24–48 hours’ notice required for showings. **Property is being sold as is, where is. Any HST applicable is the responsibility of the purchaser. No conveyance of offers until Wednesday, November 19 @ 2:00pm and left open for acceptance until 5:00pm the same day (id:47053)

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Building Information

  • Building Type: Multi-Family
  • Baseboard heaters
  • Electric Heat
  • Brick
  • Flooring: Mixed Flooring
  • Municipal water

Full Details

MLS® Number:1292570
Equipment Type:None
Ownership Type:Freehold
Price:$849,900
Property Type:Single Family
Rental Equipment TypeNone
Transaction Type:For Sale
Zoning Description:Res.
More Information Link: https://www.realtor.ca/real-estate/29103170/16-riverview-avenue-mount-pearl

Size Total Text:0.24 acres|under 1/2 acre
Sewer:Municipal sewage system
Size Irregular:0.24 acres

Bedrooms Above Ground:0
Bedrooms Total:0
Architectural Style:3 Level
Constructed Date:1971
Exterior Finish:Brick
Flooring Type:Mixed Flooring
Heating Fuel:Electric
Heating Type:Baseboard heaters
Type:Multi-Family
Utility Water:Municipal water
Listing information last updated on 2025-11-14 12:12:17 -0330
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