296 Lemarchant Road, St. John's, Newfoundland & Labrador A1E 1R2

Listed for:
$224,900
0 beds
0 baths
Listed 126 days ago
Two Apartment House for rent: 296 Lemarchant Road, St. John's, Newfoundland & Labrador A1E 1R2

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Listing provided by:
Keller Williams Platinum Realty
MLS® number:
1267572
Agent:
Aaron Watkins
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About

Attention investors and contractors - potential for a flip, long-term rental or commercial opportunity with mixed uses available. All three levels have framing exposed, the roof was re-shingled in 2023 and the property is ready to be renovated for the purchasers desired use. The property is zoned Residential Mixed (RM) permitting a number of different applications & discretionary uses such as a two-apartment home, office space, bed and breakfast, retail uses, and more, subject to approvals. Ample parking available with spaces in the front of the building and full drive-in rear access suitable for a parking lot. Property also features a small outbuilding for storage. Great opportunity for a savvy buyer in a growing part of the City's West End, just outside of the downtown area and located next to the growing Urban Market, Cove Bouldering Gym & LeMarchant business area. Please note that all measurements provided are approximate and should be independently confirmed by the purchaser. Any necessary permits, approvals, applications or associated fees will be the responsibility of the purchaser. Sale of property is HST applicable. (id:27476)

Property Highlights

Type
Two Apartment House
Cooling type
Heating fuel
Electric
Fireplace
No
Construction material
Vinyl siding
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is currently under Freehold ownership and presents an excellent opportunity for investors and contractors. With the potential for a flip, long-term rental, or commercial use, the property offers a variety of options. The framing on all three levels is exposed, and the roof was re-shingled in 2023, making it ready for renovation to suit the purchaser's needs.

Zoned as Residential Mixed (RM), the property allows for a range of applications and discretionary uses, including a two-apartment home, office space, bed and breakfast, retail uses, and more, subject to approvals. Ample parking is available at the front of the building, with full drive-in rear access suitable for a parking lot. Additionally, there is a small outbuilding for storage.

Situated in the growing West End of the City, just outside the downtown area and adjacent to the Urban Market, Cove Bouldering Gym, and LeMarchant business area, this property offers a great opportunity for a discerning buyer. It should be noted that all measurements provided are approximate and should be independently confirmed by the purchaser. Any necessary permits, approvals, applications, or associated fees will be the responsibility of the purchaser, and the sale of the property is HST applicable.

For sale, this property boasts a land size of approximately 40 x 132ft, located at 296 LeMarchant Road in the city of St. John's, Newfoundland & Labrador, with a postal code of A1E1R2. The architectural style is 2 Level, with a detached building construction style and vinyl siding exterior finish. Heating fuel is provided by electricity, and the property type is a Two Apartment House.