$199,000

House For Sale In Spaniards Bay, Newfoundland and Labrador

$199,000

Property Information:

Welcome to this incredible multifamily rental property, featuring five well-designed 1-bedroom units. This property is priced to sell, making it an excellent investment opportunity for both seasoned investors and first-time buyers. Each unit within this multifamily property offers a comfortable living space, perfect for individuals or couples seeking a cozy and private home. The layout of each unit has been thoughtfully designed to maximize functionality and provide a comfortable living experience. The property's prime location ensures convenience and accessibility, with various amenities, shopping, and recreation options just a stone's throw away. As an investor, you'll benefit from the steady rental income generated by these five units. With a strong demand for efficient rentals in the area, you can expect a consistent stream of tenants, ensuring a reliable return on your investment. Currently all 5 units are rented (POU) Don't miss out on this incredible opportunity to own a multifamily rental property with five 1-bedroom units. Priced to sell, this property offers both financial stability and potential for future growth. Schedule a viewing today and seize the chance to secure your place in the thriving rental market. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Exterior Finish: Vinyl siding
  • Flooring Type: Carpeted, Laminate, Flooring Type, Other
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: Refrigerator, Stove

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Built in: 1990
  • Irregular: Yes
  • Lot Size: 160x164x104x81
  • Zoning: Res.
  • Sewer: Municipal sewage system

Courtesy of: eXp Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.