
House For Sale
$79,900
MLS® Number: 1293297
Bedrooms
3
Bathrooms
1
Floor Area
820
Year Built
1970
House For Sale
$79,900
Bedrooms
3
Bathrooms
1
Floor Area
820
Year Built
1970
8 Point Road, Virgin Arm, Newfoundland & Labrador
About This Property
Investment Gold: Turnkey 3-Bedroom Home with Instant Cash Flow! Attention investors! Secure a highly desirable, well-kept 3-bedroom rental that delivers exceptional returns from day one. This property is a testament to solid maintenance and offers strong tenant appeal, making it a truly resilient investment. Key Investment & Property Features: Immediate Capital Flow: The unit is occupied by reliable, long-standing tenants who wish to remain, ensuring a seamless acquisition and guaranteed, uninterrupted income immediately upon closing. High-Demand Rental: The 3-bedroom configuration is a prime market segment, attracting stable, long-term tenants (families or groups) and commanding competitive rental rates. Tenant Appeal & Comfort: Tenants benefit from the cozy efficiency of wood heat, supplemented by reliable baseboard electric—a popular and cost-effective heating solution. Condition: The property is described as well kept, indicating pride of ownership and minimizing immediate maintenance concerns for the investor. Unique Bonus Amenity: A versatile outdoor wood shed/man cave provides extra storage and flexible space, adding significant value and appeal to the current tenant. Investment Highlight: This is a fantastic ""set-it-and-forget-it"" investment. It's a cash-flowing asset where the heavy lifting (finding and keeping tenants) is already done. Start earning immediately! Don't miss this chance to add a stable, high-yield asset to your portfolio.
Property Details
Interior Details
Appliances
Refrigerator, Stove
Bathrooms Partial
0
Bathrooms Total
1
Bedrooms Total
3
Fireplace Features
Wood, Woodstove
Fireplace
True
Fireplaces Total
1
Flooring
Other
Heating
Baseboard heaters, Wood
Living Area
820 sqft
Building & Exterior
Exterior Features
Vinyl siding
Stories
1.0
Year Built
1970
Land & Location
Lot Size Dimensions
95 x 75 x 85 x 70 ft
Postal Code
A0G1P0
Listing & Financials
Listing Office
Outport Realty Inc. - Grand Falls-Windsor
Originating System Name
Newfoundland & Labrador Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
Outport Realty Inc. - Grand Falls-Windsor
Mortgage Calculator
Estimated Monthly Payment
$393
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$393
Principal and interest only. Actual rates may vary.