8 Point Road, Virgin Arm, Newfoundland & Labrador A0G 1P0 (29186792) - TED WILLIAMS

8 Point Road Virgin Arm, Newfoundland & Labrador A0G 1P0

3 Bedroom 1 Bathroom 820 ft2
Fireplace Baseboard Heaters

$79,900

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:55727)

Property Details

MLS® Number 1293297
Property Type Single Family

Building

Bathroom Total 1
Bedrooms Above Ground 3
Bedrooms Total 3
Appliances Refrigerator, Stove
Constructed Date 1970
Construction Style Attachment Detached
Exterior Finish Vinyl Siding
Fireplace Fuel Wood
Fireplace Present Yes
Fireplace Type Woodstove
Flooring Type Other
Heating Fuel Wood
Heating Type Baseboard Heaters
Stories Total 1
Size Interior 820 Ft2
Type House
Utility Water Shared Well, Well

Land

Acreage No
Sewer Septic Tank
Size Irregular 95 X 75 X 85 X 70 Ft
Size Total Text 95 X 75 X 85 X 70 Ft|under 1/2 Acre
Zoning Description Residential

Rooms

Level Type Dimensions
Main Level Bath (# Pieces 1-6) 7.3 x 9.2 ft
Main Level Bedroom 7.4 x 8.9 ft
Main Level Bedroom 7.4 x 10 ft
Main Level Family Room 12.6 x 11.5 ft
Main Level Kitchen 11.4 x 12 ft
Main Level Bedroom 10 x 9.4 ft
Main Level Dining Room 6.8 x 11.6 ft
Main Level Foyer 6.2 x 9.2 ft

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