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Listed by Outport Realty Inc. - Grand Falls-Windsor
$129,900
Est. payment /mo
4 Beds
1 Bath
1,040 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $124
MLS Listing ID 1293300
Style Detached
Bedrooms 4
Full Baths 1
Year Built 1970
Annual Tax Amount $240
Lot Dimensions 92 x 200 ft
Property Sub-Type Single Family
Source NLAR
Property Description
Rare Find! Income-Producing 4-Bedroom Home with Exclusive Land Opportunity!
Discover this exceptionally beautifully kept 4-bedroom residence, offering spacious living. This property appeals equally to investors seeking stability and future homeowners planning for a move-in.
The Investment & Living Advantage:
Immediate Stability: The property is currently occupied by reliable tenants who wish to remain, providing immediate rental income for an investor.
Spacious & Immaculate: This home is beautifully kept and features four generously sized bedrooms.
Heart of the Home: Enjoy the large, inviting spacious living room and a remarkable eat-in kitchen, which serves as the perfect central hub for family life.
Newer Storage: Includes a newer 8 x 16 foot wood shed, providing ample, protected outdoor storage.
The Crown Land Financial Benefit:
What truly sets this property apart is the highly advantageous land tenure:
Low Cost & Exclusive Use: The home is situated on Crown Land with a current annual fee of just $50 per year, offering an incredibly low holding cost.
Path to Ownership: Modern processes allow the buyer to easily purchase the land outright. This transforms the low-cost lease into a Fee Simple title, significantly increasing the property's equity and long-term value! (Buyer to verify all land purchase details with the appropriate authority)
This unique offering provides a well-maintained, cash-flowing asset with the massive added benefit of easily converting the land tenure for maximum future equity and appreciation.
Whether you're looking for an immediate investment or planning your family's future home, this property delivers.
Discover this exceptionally beautifully kept 4-bedroom residence, offering spacious living. This property appeals equally to investors seeking stability and future homeowners planning for a move-in.
The Investment & Living Advantage:
Immediate Stability: The property is currently occupied by reliable tenants who wish to remain, providing immediate rental income for an investor.
Spacious & Immaculate: This home is beautifully kept and features four generously sized bedrooms.
Heart of the Home: Enjoy the large, inviting spacious living room and a remarkable eat-in kitchen, which serves as the perfect central hub for family life.
Newer Storage: Includes a newer 8 x 16 foot wood shed, providing ample, protected outdoor storage.
The Crown Land Financial Benefit:
What truly sets this property apart is the highly advantageous land tenure:
Low Cost & Exclusive Use: The home is situated on Crown Land with a current annual fee of just $50 per year, offering an incredibly low holding cost.
Path to Ownership: Modern processes allow the buyer to easily purchase the land outright. This transforms the low-cost lease into a Fee Simple title, significantly increasing the property's equity and long-term value! (Buyer to verify all land purchase details with the appropriate authority)
This unique offering provides a well-maintained, cash-flowing asset with the massive added benefit of easily converting the land tenure for maximum future equity and appreciation.
Whether you're looking for an immediate investment or planning your family's future home, this property delivers.
Location
Province NL
Zoning residential
Interior
Heating Electric, Oil, Wood
Cooling Electric, Oil, Wood
Exterior
Exterior Feature Vinyl
Parking Features None
Roof Type Shingle - Asphalt
Building
Foundation Crawl, Other, Wood Frame
Sewer Septic
Water Well
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