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MLS® 1293297

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 820 sqft
Garage No
Taxes $240
Days Active 0
Lot Size 
Approx. Age 1970
Avg. Price Per Sqft $97
MLS® Number 1293297

Property Address: 8 Point Road, Virgin Arm, NL, A0G1P0

Average square foot calculated using Size range provided by listing agent.

Description

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:58753)Show Description
MLS® Number1293297
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1970
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Other:Main Floor9.17 × 7.25 ft
Family Room:Main Floor11.42 × 12.5 ft
Dining Room:Main Floor11.5 × 6.67 ft
Kitchen:Main Floor12 × 11.34 ft
Bedroom 1:Main Floor9.34 × 10 ft
Other:Main Floor9.17 × 6.17 ft

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Price History

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  • Commute

Commute

Starting Address
Destination Address
8 Point Road, Virgin Arm, NL

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