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For Sale
$69,900
MLS® 1293297
8 Point Road
Virgin Arm, Newfoundland & Labrador, A0G1P0
- Beds / Baths
- 3 bed · 1 bath
- Interior
- 820 sqft
- Property type
- Single Family
- Building
- Single Family
- Year built
- 1970
- Lot size
- 95 x 75 x 85 x 70 ft
Property facts
- Beds / Baths
- 3 bed · 1 bath
- Interior
- 820 sqft
- Property type
- Single Family
- Building
- Single Family
- Transaction
- For Sale
- Year built
- 1970
- Lot size
- 95 x 75 x 85 x 70 ft
- Ownership
- Freehold
About this property
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:53361)