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For Sale
$629,000
MLS® 1296337
34-40 Georgia Drive
Stephenville, Newfoundland & Labrador, A2N0C3
- Beds / Baths
- 0 bed
- Property type
- Other
- Building
- Multi-Family
- Year built
- 1965
- Lot size
- 153 x 105 ( 163 x 131 )
- Ownership
- Freehold
Property facts
- Beds / Baths
- 0 bed
- Property type
- Other
- Building
- Multi-Family
- Transaction
- For Sale
- Year built
- 1965
- Lot size
- 153 x 105 ( 163 x 131 )
- Ownership
- Freehold
About this property
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:53361)