8 Point Road
Virgin Arm, NL, A0G1P0
Listed by Outport Realty Inc. - Grand Falls-Windsor
$69,900
- 3 bedrooms
- 1 bathrooms
- 820 sq ft
Listed 310 days ago · MLS® 1293297
About this home
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:66966)
Details
- Type
- Detached
- Size
- 820 sq ft
- Property tax
- $240
- Municipality
- Virgin Arm
Interior
- Bedrooms
- 3 above ground
- Fireplace
- Wood, Woodstove
- Appliances
- Refrigerator, Stove
Heating, cooling and services
- Heating
- Baseboard heaters, Wood
- Water and sewer
- Septic tank
Building and exterior
- Year built
- 1970
- Roof
- Asphalt shingle
- Outdoor
- Vinyl siding
Rooms
| Room | Level | Size | Features |
|---|---|---|---|
| Bath (# pieces 1-6) | Main level | 7.3 x 9.2 ft | |
| Bedroom | Main level | 7.4 x 8.9 ft | |
| Bedroom | Main level | 7.4 x 10 ft | |
| Family room | Main level | 12.6 x 11.5 ft | |
| Kitchen | Main level | 11.4 x 12 ft | |
| Bedroom | Main level | 10 x 9.4 ft | |
| Dining room | Main level | 6.8 x 11.6 ft | |
| Foyer | Main level | 6.2 x 9.2 ft |
Location
Location is approximate. See nearby homes on the map
Listed by Outport Realty Inc. - Grand Falls-Windsor.
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24 Point Road
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Detached · MLS® 1293300 · Outport Realty Inc. - Grand Falls-Windsor