49
$399,000 Sale
Listed 1 day
11 Anderson Avenue
· 4+3
· 3.0
· 0
· 2270
Key Facts
Key facts for 11 Anderson Avenue
Property Type
Apartment, Two Apartment House
Parking
Garage: No, 0 parking
MLS #
1292112
Size
2270 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1956
Maintenance Fee
-
Description
If you’ve been hunting for a serious cash cow, this one is hard to beat. Just a 9-minute walk to Memorial University, this registered two-apartment home with a rare third in-law suite stands out as one of the best income opportunities in the area. With a combined rental income of about $5,000 per mo...nth, it’s already a proven performer in today’s market. The MAIN UNIT spans the top two levels and features four spacious bedrooms, a bright living room, and a large eat-in kitchen—ideal for student rentals or a big family. The REGISTERD 2-BEBROOM APT is on the lower level with its own entrance, two bedrooms, full kitchen, and bathroom, offering privacy and steady rental appeal. Completing the setup, the THIRD IN-LAW SUITE adds even more flexibility with an open-concept living, dining, and kitchen area, plus a separate bedroom and bath—perfect for short-term rentals or extended family. A shared laundry area keeps maintenance simple and efficient. Outside, tenants will love the large fenced garden, oversized storage shed, and two driveways—a rare convenience for multi-unit living. The property has also seen key updates, including vinyl windows in the main unit, a 200-amp electrical panel, and a fully replaced sewer line. Freshly painted and ready to go, this home is set up for a smooth transition. Whether you plan to live in one unit and let the others pay your mortgage, or rent out all three for maximum cash flow, this is a rare opportunity to own a true income generator in one of St. John’s most profitable rental locations. The Seller(s) hereby direct the Listing Brokerage that there will be no conveyance of any written, signed offers prior to 7:30 p.m. on November 2, 2025. The Seller(s) further direct that all offers shall remain open for acceptance until 11:59 p.m. on November 2, 2025. (id:10452)
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Room Types
Bath (# pieces 1-6)
-
Dimensions 3PC x 3PC
0 sqft
Bath (# pieces 1-6)
-
Dimensions 4PC x 4PC
0 sqft
Bedroom
-
Dimensions 10 x 11.4
114 sqft
Listing courtesy of: RE/MAX Realty Specialists
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