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Listed by EXIT Realty Aspire
$124,900
Est. payment /mo
2,460 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,460 sqft
Price per Sqft $50
MLS Listing ID 1301099
Style Detached,4 Units
Year Built 1920
Annual Tax Amount $3,843
Tax Year 2025
Lot Dimensions 50x140
Property Sub-Type Multi Family
Source NLAR
Property Description
Welcome to 142 Lincoln Road, a solid income-generating four-unit property located in the heart of Grand Falls-Windsor. This fully occupied building features four one-bedroom units, making it an excellent turnkey investment opportunity. The property generates $1,975 per month in rental income, with tenants paying their own utilities, helping to keep operating expenses low. Each one-bedroom unit offers comfortable living space, and the property benefits from a strong rental history with consistent tenant demand. Conveniently located near schools, shopping, and other amenities, this multi-unit property provides immediate cash flow and reliable income potential. Ideal for both seasoned investors and those looking to enter the rental market.
Location
Province NL
Zoning Res
Interior
Heating Electric
Cooling Electric
Exterior
Roof Type Shingle - Asphalt
Building
Foundation Crawl
Sewer Municipal
Water Municipal
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