16-20 Monkstown Road, Arnold's Cove, Newfoundland & Labrador A0B 1A0

Listed for:
$549,000
0 beds
0 baths
Listed 53 days ago
Multi-Family for rent: 16-20 Monkstown Road, Arnold's Cove, Newfoundland & Labrador A0B 1A0

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Learn more about this property
Listing provided by:
eXp Realty
MLS® number:
1292741
Agent:
Kelsey Brown
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About

Discover an exceptional investment opportunity in the welcoming coastal community of Arnold’s Cove, NL with this well-maintained 4-unit residential property. Two of the four units are currently rented to reliable tenants, providing immediate income from day one, while the remaining two units present excellent potential for added rental revenue. Perfectly situated, the building is within easy reach of key amenities including a K–12 school, grocery store, pharmacy, hardware store, restaurants, and local services, making it an ideal location for steady year-round tenancy. Arnold’s Cove serves as a major service hub on the Avalon Isthmus and benefits from a diverse employment base. Residents work in regional industries such as trades, construction, seafood processing, marine services, manufacturing, and the nearby oil transshipment operations. With employers in the area drawing workers from surrounding communities, rental demand remains stable and consistent. The town also offers a relaxed quality of life with scenic coastal walking trails, beautiful viewpoints, and close proximity to Clarenville and St. John’s, making it appealing for residents who value both convenience and tranquility. This property is a smart addition to any investment portfolio, offering current cash flow, strong long-term potential, and the rare chance to own a multi-unit income property in a growing rural hub. Don’t miss the opportunity to secure a solid, versatile investment in one of Newfoundland’s most charming and strategically located communities. (id:27476)

Property Highlights

MLS® Number
1292741
Type
Single Family
Ownership Type
Freehold
Land Size
232.67'120.19'x95'44x34.32'x30.10'24.35'|1 - 3 acres

Building

Building Type
Multi-Family
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Electric
Building Cooling Type
Air exchanger

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location