For Sale: 136A Memorial Drive, Clarenville, NL

About this home

Excellent investment opportunity in a quiet, well-established area of Clarenville! This well-maintained 2-apartment home offers reliable rental income, functional layouts, ample parking, & a generous private setting on a ~1/2-acre lot. The main-level unit is occupied by excellent long-term tenants who would love to remain. It features an eat-in kitchen, bright & spacious living room with access to a private patio, 2 well-proportioned bedrooms, full family bathroom, laundry closet, additional patio space, rear landscaping, & storage shed. The second unit is currently rented for $700/month POU, with internet included. The lower-level apartment, with its own separate entrance, offers an open-concept kitchen & living area, 1 bedroom with full ensuite, & independent laundry. It is currently rented for $1,050/month with electricity & internet included. The home has undergone extensive renovations, with the entire upstairs interior fully renovated in 2009 & the basement completely rebuilt & ready for occupancy in 2012. Upgrades include a new government-certified electrical system, all-new plumbing, reinforced roof rafters, approximately 2 feet of blown-in attic insulation, blown-in wall insulation, & new exterior siding & shingles, all completed in 2009. The concrete basement was completely rebuilt in 2012 with double weeping tile & deep drainage trenches, making the entire basement apartment effectively brand new in 2012. The decks have an effective age of 2012, & a covered deck & back porch roof were added in 2016. Set well back from the main road, the property offers a peaceful, private atmosphere with generous parking for multiple vehicles. With established tenants, separate living spaces, private entrances, extensive renovations, & strong rental appeal, this is an excellent turnkey investment opportunity in Clarenville. (id:63626)

Listed by: Robert Decker, RE/MAX Infinity Realty Inc. - Sheraton Hotel

Home facts and features

Price details

List Price

$199,900

Gross Taxes for 2026

$1,132

Home facts

Bedrooms

Full Bathrooms

Property Type

Apt/Condo

Year Built

Built in 1975 (51 yrs old)

Title

Leasehold

Style

Bungalow

Exterior Finish

Vinyl siding

Heating Type

Baseboard heaters, Electric

Agent details

Primary Agent

Robert Decker

Primary Broker

RE/MAX Infinity Realty Inc. - Sheraton Hotel

Listing details

Days on REW

55 Days

MLS® Number

1302472

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

3 Schools are within 3km

Clarenville High School

n/a
10 - 13
In Catchment

Clarenville Middle School

n/a
7 - 9
In Catchment

Riverside Elementary School

n/a
K - 6
In Catchment

136a Memorial DriveClarenville, NL, A5A 1N5