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$69,900

3 Beds 1 Baths 820 SQFT 0.00 Acres
Type: Single Family

8 Point Road
Virgin Arm, NL A0G1P0

MLS#: 1293297
Olenka Mallon
Olenka Mallon
Condo Digs
Sales Representative
Phone: 416.725.5293
Office: 416.203.6636
Presented by: Outport Realty Inc. - Grand Falls-Windsor

Property Description

 

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. (id:7434)


 

Interior Features

Bedrooms

Bedrooms3

Other Interior Features

Building Fireplace PresentTrue
Building Fireplace TypeWoodstove
Building Heating FuelWood
Building Heating TypeBaseboard heaters
Construction Style AttachmentDetached
Fireplace FuelWood
Flooring TypeOther
Living Area Range820 sqft

General

Building AppliancesRefrigerator, Stove
Building TypeHouse
Building.StoriesTotal1
Ownership TypeFreehold
Property TypeSingle Family
Zoning DescriptionResidential

Exterior

Building Roof MaterialAsphalt shingle
Building Roof StyleUnknown
Exterior FinishVinyl siding
SewerSeptic tank

Additional Details

  

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$69,900

3 Beds 1 Baths 820 SQFT 0.00 Acres
Type: Single Family

8 Point Road
Virgin Arm, NL A0G1P0

MLS#: 1293297
Olenka Mallon
Olenka Mallon
Condo Digs
Sales Representative
Phone: 416.725.5293
Office: 416.203.6636
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