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11 , Virgin Arm, NL

Name: 11 , For Sale in Virgin Arm - eXp Realty
Brand: Outport Realty Inc. - Grand Falls-Windsor
SKU: 1293288
Price: 49900 CAD

House

For Sale

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110

MLS® 1293288

Property Details
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Description

Prime Investment Alert! Immediate Cash Flow Opportunity! This is your chance to acquire a turnkey rental property and enter the real estate investment market with confidence! Located in a desirable area, this property is poised to deliver outstanding returns from day one. Key Investment Highlights: Instant Income: The property includes a long-standing, reliable tenant who wishes to remain, ensuring immediate, uninterrupted rental income and returning capital from the moment of closing. Expansion Potential: Don't just settle for one unit! A dedicated (approximately 300 downstairs with potential on the second floor) storage area is situated beside the existing apartment. This space was originally slated for conversion into a second rental unit (e.g., a studio or 1-bedroom suite). This offers a clear path to significantly boosting your ROI through future value-add development (subject to municipal approvals). Hassle-Free Transition: Benefit from an established tenancy, eliminating the time and expense of marketing, screening, and initial leasing. Don't miss out on this exceptional chance to secure a cash-flowing asset with built-in potential for future revenue growth. (id:58753)Show Description

Key Facts

Type Single Family Residence

Levels Residential

Size 770 sqft

Taxes $240

Days Active 24

Approx. Age 1970

Avg. Price Per Sqft $64

MLS® Number 1293288

Central VacNo

FireplaceNo

Approx. Age1970

HeatElectric

Additional Information

Roofing Asphalt, Other

Siding Vinyl Siding

Sewage System Septic Tank

Price History

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Top Secret

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