Space
Finished area and layout
- Living Area
- 820 sqft
- Bedrooms
- 3
- Bathrooms
- 1
+7 more
$69,900
8 Point
Virgin Arm, Newfoundland & Labrador, A0G1P0
detached·sale·Tax $240/yr
3
Bedrooms
1
Bathrooms
820 sqft
Living Area
95 x 75 ft
Lot
1970
Year Built
Property Snapshot
Key details for this listing
MLS #1293297
Property
Type, style and structure
- Type
- residential
- Style
- single family / Detached
- Ownership
- Freehold
- Stories
About This Property
This 3-bedroom, 1-bathroom single family in Virgin Arm offers 820 sqft of living area on a 95 x 75 ft lot. 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)
Full Listing Details
Address8 Point Road
MLS#1293297
Listing StatusActive
Property TypeResidential
Sub-TypeSingle family
TransactionSale
Days on Market314
Common InterestFreehold
Annual Tax$240
Structure TypeHouse
AttachedDetached
StyleDetached
Year Built1970
Bedrooms3
Bathrooms1
Bedrooms Above Grade3
Bedrooms Below Grade0
Living Area820 sqft
Kitchens1
Stories1
CityVirgin Arm
ProvinceNewfoundland & Labrador
Postal CodeA0G1P0
Lot Dimensions95 x 75 x 85 x 70 ft
Frontage95 ft
Lot Depth75 ft
Zoning DetailsResidential
HeatingBaseboard heaters, Wood
FlooringOther
RoofAsphalt shingle, Unknown
AppliancesRefrigerator, Stove
ExteriorVinyl siding
FireplaceYes (1)
Fireplace FeaturesWood, Woodstove
SewerSeptic tank
Water SourceShared Well, Well
Annual Tax$240
| Room | Level | Dimensions | Notes |
|---|---|---|---|
| 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 | — |
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