Primary photo of 120 East Valley Road, Corner Brook
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Two Apartment House For Sale

$459,000

MLS® Number: 1295069

Bedrooms

7

Bathrooms

3

Floor Area

1,900

Year Built

1970

120 East Valley Road, Corner Brook, Newfoundland & Labrador

About This Property

Investors take note! This rare 3-unit property in Corner Brook is full of potential. The main home offers a spacious 3-bedroom unit, along with a 2-bedroom basement apartment. Adding even more value is an above-ground 2-bedroom unit that is currently undergoing major renovations. The modern, airtight passive unit has 11"" interior walls, lime plaster walls that are water and mold-proof, brand-new triple-pane windows, new plumbing, and a sleek design. A new metal roof was also installed on this unit within the past year. Before closing, the kitchen, bathroom, and bedroom finishes will be completed. With substantial time and investment already poured into this unit, it will be perfectly suited as an Airbnb or long-term rental. Each unit is separately metered with its own electrical panel, making this property a smart and versatile investment you won’t want to miss!

Property Details

Interior Details

Appliances

Washer, Refrigerator, Dryer

Bathrooms Partial

0

Bathrooms Total

3

Bedrooms Total

7

Flooring

Hardwood, Mixed Flooring

Heating

Electric

Living Area

1900 sqft

Building & Exterior

Exterior Features

Wood shingles

Year Built

1970

Land & Location

Lot Size Dimensions

50x120

Postal Code

A2H2L2

Listing & Financials

Listing Office

RE/MAX Realty Professionals Ltd. - Corner Brook

Originating System Name

Newfoundland & Labrador Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($91,800)
5.5%
25 Years

Estimated Monthly Payment

$2,255

Principal and interest only. Actual rates may vary.

Location & Map

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