$79,900 8 Point Road
Virgin Arm, Newfoundland & Labrador
Details
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:2887)
Property Specifics:
- MLS® Number 1293297
- Price $79,900
- Location Virgin Arm, Newfoundland & Labrador
- Building Type Single Family
- Floor Space 820
- Storeys 1
- Bedrooms 3
- Bathrooms (Full) 1
- Bathrooms (Partial) 0
- Flooring Other
- Heating ,Wood
- Sewer Septic tank
- Garage No
Listing Agent
This listing provided by:
Outport Realty Inc. - Grand Falls-Windsor
Phone:(709) 893-2160
Agent: Glenn Gallant
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association
