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Listed by Outport Realty Inc. - Grand Falls-Windsor
$59,900
Est. payment /mo
1 Bed
1 Bath
770 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 770 sqft
Price per Sqft $77
MLS Listing ID 1293288
Style Detached
Bedrooms 1
Full Baths 1
Year Built 1970
Annual Tax Amount $240
Lot Dimensions 3600 sq ft
Property Sub-Type Single Family
Source NLAR
Property Description
Prime Investment Alert! Immediate Cash Flow Opportunity!
This is your chance to acquire a turnkey rental property and enter the real estate investment market with confidence! Located in a desirable area, this property is poised to deliver outstanding returns from day one.
Key Investment Highlights:
Instant Income: The property includes a long-standing, reliable tenant who wishes to remain, ensuring immediate, uninterrupted rental income and returning capital from the moment of closing.
Expansion Potential: Don't just settle for one unit! A dedicated (approximately 300 downstairs with potential on the second floor) storage area is situated beside the existing apartment. This space was originally slated for conversion into a second rental unit (e.g., a studio or 1-bedroom suite). This offers a clear path to significantly boosting your ROI through future value-add development (subject to municipal approvals).
Hassle-Free Transition: Benefit from an established tenancy, eliminating the time and expense of marketing, screening, and initial leasing.
Don't miss out on this exceptional chance to secure a cash-flowing asset with built-in potential for future revenue growth.
This is your chance to acquire a turnkey rental property and enter the real estate investment market with confidence! Located in a desirable area, this property is poised to deliver outstanding returns from day one.
Key Investment Highlights:
Instant Income: The property includes a long-standing, reliable tenant who wishes to remain, ensuring immediate, uninterrupted rental income and returning capital from the moment of closing.
Expansion Potential: Don't just settle for one unit! A dedicated (approximately 300 downstairs with potential on the second floor) storage area is situated beside the existing apartment. This space was originally slated for conversion into a second rental unit (e.g., a studio or 1-bedroom suite). This offers a clear path to significantly boosting your ROI through future value-add development (subject to municipal approvals).
Hassle-Free Transition: Benefit from an established tenancy, eliminating the time and expense of marketing, screening, and initial leasing.
Don't miss out on this exceptional chance to secure a cash-flowing asset with built-in potential for future revenue growth.
Location
Province NL
Zoning residential
Interior
Heating Electric
Cooling Electric
Exterior
Exterior Feature Vinyl
Parking Features None
Roof Type Shingle - Asphalt
Building
Foundation Concrete Slab
Sewer Septic
Water Shared, Well
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