Looking for a smart investment? This newly listed multi-family home offers the perfect opportunity to live and earn! Featuring two separate apartments that are currently tenant-occupied, this property provides immediate rental income from day one. The spacious 3 bedroom, 2 bathroom main floor offers flexibility for various living arrangements. The primary bedroom has an ensuite, and an additional room on the lower level. The 2 bedroom apartment is bright and spacious. Both units are presently rented, providing a steady cash flow for the savvy investor. Situated on a generous corner lot, this property offers excellent curb appeal and additional outdoor space. The detached shed provides valuable storage options for tools, seasonal items, or whatever you need to tuck away. Location is everything, and this home delivers! Just a short distance from Memorial University, it's ideally positioned to attract student renters or faculty members looking for convenient housing options. Nearby amenities include Sobeys Kenmount & Walmart, less than a km away, making grocery shopping a breeze. Whether you're a first-time investor or looking to expand your portfolio, this multi-family dwelling checks all the boxes. The combination of prime location, current tenants, and the potential for long-term appreciation makes this a property you won't want to miss. Schedule your private viewing today.
For sale
C$489,900
48 Great Eastern Avenue, St. John's, NL A1B0A4
5beds
2,600sqft
Apartment, Single Family Residence
Built in 2007
-- sqft lot
$-- Zestimate®
C$188/sqft
C$-- HOA
What's special
Corner lotGenerous corner lot
- 9 days
- on Zillow |
- 37 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: June 10, 2025 at 03:51am
Listed by:
Craig Walker,
RE/MAX Realty Specialists
Source: Newfoundland and Labrador AR,MLS®#: 1286061

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Other
- Level: Basement
Other
- Level: Basement
Bedroom
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom
- Level: Main
- Area: 87.46 Square Feet
- Dimensions: 9.6x9.11
Other
- Level: Main
- Area: 144.3 Square Feet
- Dimensions: 11.10x13
Other
- Level: Basement
Other
- Level: Basement
Bonus room
- Level: Basement
- Area: 130 Square Feet
- Dimensions: 10x13
Kitchen
- Level: Main
- Area: 204 Square Feet
- Dimensions: 12x17
Laundry
- Level: Basement
- Area: 75.44 Square Feet
- Dimensions: 8.2x9.2
Living room
- Level: Main
- Area: 233.31 Square Feet
- Dimensions: 11.11x21
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher
Features
- Flooring: Concrete
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Parking
- Parking features: None
- Has uncovered spaces: Yes
Features
- Levels: Split Entry
- Patio & porch: Balcony(s) and Patio(s)
- Fencing: Back Yard
Lot
- Size: 6,000 Square Feet
- Dimensions: 60 x 100
- Features: Landscaped, Recreation Nearby, Subdivided, Bus Service
Details
- Zoning description: res
- Other equipment: Air Exchanger
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment, Single Family Residence
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Concrete
- Roof: Shingle - Asphalt
Condition
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, High Speed Internet, Phone Connected
Community & HOA
Community
- Subdivision: Kenmount Terrace
Location
- Region: St Johns
Financial & listing details
- Price per square foot: C$188/sqft
- Annual tax amount: C$2,874
- Date on market: 6/5/2025
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