8 Point Road, Virgin Arm, Newfoundland & Labrador A0G1P0

8 Point Road
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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 Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesRefrigerator, Stove
Bathrooms Partial0
Bathrooms Total1
Bedrooms Total3
Fireplace FeaturesWood, Woodstove
FireplaceTrue
Fireplaces Total1
FlooringOther
HeatingBaseboard heaters, Wood
Living Area820 sqft

Building & Exterior

Exterior FeaturesVinyl siding
Stories1.0
Year Built1970

Land & Location

Lot Size Dimensions95 x 75 x 85 x 70 ft

Listing & Financials

Listing OfficeOutport Realty Inc. - Grand Falls-Windsor
Originating System NameNewfoundland & Labrador Association of REALTORS®

Other Specifications

Common InterestFreehold
CountryCanada

For Sale

$79,900

8 Point Road, Virgin Arm, Newfoundland & Labrador A0G1P0

Beds

3

Baths

1

Living Area

820 sqft

Lot Size

-

Property Type

House

Year Built

1970

Listing ID1293297

Location & Map

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8 Point Road, Virgin Arm | $79,900 | Lify.ca