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$575,000

0 Beds 0 Baths 0 SQFT 0.00 Acres
Type: Multi-Family

34-40 Georgia Drive
Stephenville, NL A2N0C3

MLS#: 1296337
Brian Feeney
Brian Feeney
Condo Digs
Sales Representative
Phone: 905.922.9000
Office: 647.417.9995
Presented by: RE/MAX Realty Professionals Ltd. - Stephenville

Property Description

 

Turnkey 5-Unit Apartment Building – Exceptional Investment Opportunity An outstanding opportunity for investors or those looking to expand their rental portfolio. This well-maintained, income-generating 5-unit apartment building offers a rare combination of space, privacy, and recent upgrades—making it a truly turnkey investment. Property Highlights This multi-unit property features: - Four (4) spacious 3-bedroom apartments – Generously sized units ideal for families and long-term tenants - One (1) executive 3-bedroom apartment, offering premium features including: Two full bathrooms Private, fully fenced yard Dedicated private storage shed The executive unit is perfectly suited for an owner-occupier or as a high-end rental, adding flexibility and increased revenue potential. Recent Upgrades & Features Extensively improved over the past year, this property is designed for long-term performance and reduced maintenance: - New oil tank - New hot water tanks - Numerous upgrades throughout the building - Ample basement storage for tenants or owner use - Two on-site sheds (one private to the executive unit, one shared) - Executive unit pays its own heat and electricity, lowering operating costs Investment Appeal - Strong and stable rental income potential - True turnkey property with minimal immediate capital requirements - Diverse unit mix enhances rental demand and flexibility - Consistently maintained building with pride of ownership - Highly attractive to families, professionals, and long-term tenants This is a rare opportunity to acquire a versatile, upgraded multi-unit property in excellent condition. (id:7434)


 

Interior Features

Bedrooms

Bedrooms0

Other Interior Features

Building Fireplace PresentFalse
Building Heating FuelOil
Building Heating TypeHot water radiator heat, Radiant heat
Construction Style AttachmentAttached
Flooring TypeHardwood, Laminate, Other

General

Building TypeMulti-Family
Foundation TypeConcrete, Poured Concrete
Ownership TypeFreehold
Property TypeOther
Zoning DescriptionRES

Exterior

SewerMunicipal sewage system

Additional Details

  

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$575,000

0 Beds 0 Baths 0 SQFT 0.00 Acres
Type: Multi-Family

34-40 Georgia Drive
Stephenville, NL A2N0C3

MLS#: 1296337
Brian Feeney
Brian Feeney
Condo Digs
Sales Representative
Phone: 905.922.9000
Office: 647.417.9995
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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