8 Point Road, Virgin Arm, Newfoundland & Labrador A0G 1P0
$69,900
- 3 bedrooms
- 1 bathroom
- 820 Square Feet
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 ... read more
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:39198)
- Listing ID: 1293297
- Property Type: Single Family
- Year Built: 1970
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 95 by 75 by 85 by 70 Ft|under 1/2 Acre |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Stove and Refrigerator |
| HVAC: | Baseboard Heaters and Fireplace Wood (Fireplace is Wood) |
| Exterior: | Vinyl Siding |
| Utilities: | Septic Tank |
| Location | |
|---|---|
| Town: | Virgin Arm |
| Province: | Newfoundland & Labrador |
| Rooms | Level | Dimensions |
|---|---|---|
| Bath (# pieces 1-6) | Main level | 9.2 ft x 7.3 |
| Bedroom | Main level | 8.9 ft x 7.4 |
| Bedroom | Main level | 10 ft x 7.4 |
| Family room | Main level | 11.5 ft x 12.6 |
| Kitchen | Main level | 12 ft x 11.4 |
| Bedroom | Main level | 9.4 ft x 10 |
| Dining room | Main level | 11.6 ft x 6.8 |
| Foyer | Main level | 9.2 ft x 6.2 |
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