16 Riverview Avenue, Mount Pearl, NL A1N 1M1
16 Riverview Avenue, Mount Pearl, NL A1N 1M1
16 Riverview Avenue, Mount Pearl, NL A1N 1M1
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Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel
Bought with Royal LePage Property Consultants Limited

$800,000

$849,900

5.9%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 04/22/2026

Key Details

Sold Price $800,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1292570

Sold Date 04/22/26

Style 3 Storey,6-10 Units

Year Built 1971

Annual Tax Amount $4,867

Tax Year 2025

Lot Dimensions 0.24 acres

Property Sub-Type Multi Family

Source NLAR

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

Location

Province NL

Zoning Res.

Interior

Heating Baseboard, Electric

Cooling Baseboard, Electric

Equipment None

Exterior

Exterior Feature Brick

Roof Type Torched-on

Building

Story 3

Sewer Municipal

Water Municipal

Schools

Elementary Schools Mary Queen Of The W

Middle Schools St. Peter'S Junior

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