8 Point Road, Virgin Arm, NL A0G1P0
8 Point Road, Virgin Arm, NL A0G1P0
8 Point Road, Virgin Arm, NL A0G1P0
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Listed by Outport Realty Inc. - Grand Falls-Windsor
$79,900
Est. payment /mo
3 Beds
1 Bath
820 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 820 sqft

Price per Sqft $97

MLS Listing ID 1293297

Style Detached

Bedrooms 3

Full Baths 1

Year Built 1970

Annual Tax Amount $240

Lot Dimensions 95 x 75 x 85 x 70 ft

Property Sub-Type Single Family

Source NLAR

Property 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.

Location

Province NL

Zoning Residential

Interior

Heating Baseboard, Wood

Cooling Baseboard, Wood

Exterior

Exterior Feature Vinyl

Parking Features None

Roof Type Shingle - Asphalt

Building

Foundation Piers, Walkout

Sewer Septic

Water Shared, Well


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Allison Best

Allison Best

+1(709) 690-2310

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