23-29 Bowater Avenue, Lewisporte, Newfoundland & Labrador A0G 3A0

Listed for:
$399,000
0 beds
0 baths
Listed 28 days ago
Multi-Family for rent: 23-29 Bowater Avenue, Lewisporte, Newfoundland & Labrador A0G 3A0

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About

5-Plex in Lewisporte — Solid Investor Opportunity This centrally located 5-plex in Lewisporte sits in a welcoming community with easy access to recreational facilities, ball fields, basketball courts, playgrounds, and schools, ensuring residents enjoy convenience and a family-friendly lifestyle. All units are currently rented, providing immediate cash flow for investors. The property features four 3-bedroom, 1.5-bath units and one 2-bedroom, 1-bath unit. The layout offers a versatile mix to attract a range of tenants, from families to professionals, while the strong rental demand in this area supports sustained occupancy. Its proximity to schools, parks, and community amenities enhances appeal, and Lewisporte’s growth prospects add potential for future appreciation. This turnkey opportunity delivers reliable income with room for upside through prudent management, potential renovations, and strategic lease-up in a market known for stable yields and a tight housing supply. (id:27476)

Property Highlights

MLS® Number
1295341
Type
Other
Ownership Type
Freehold
Land Size
Unknown

Building

Building Type
Multi-Family
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Keller Williams Platinum Realty - Gander
MLS® number:
1295341
Agent:
Carla Kinden
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