+7 more
$79,900
8 Point
Virgin Arm, Newfoundland & Labrador, A0G1P0
detached·sale·Tax $240/yr
3
Bedrooms
1
Bathrooms
820 sqft
Living Area
1970
Year Built
About This Property
This 3-bedroom, 1-bathroom single family in Virgin Arm offers 820 sqft of living area. Built in 1970, 1 storey. The property has lot dimensions of 95 x 75 x 85 x 70 ft. The home features other flooring, baseboard heaters, wood heating, a fireplace.
MLS Remarks
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:60351)
Overview
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