1591 Topsail Road, Paradise, Newfoundland & Labrador A1L 1S7

Listed for:
$499,900
0 beds
0 baths
Listed 24 days ago
Multi-Family for rent: 1591 Topsail Road, Paradise, Newfoundland & Labrador A1L 1S7

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Learn more about this property
Listing provided by:
Century 21 Seller's Choice Inc.
MLS® number:
1291864
Agent:
Jaykumar Patel
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About

Investment opportunity in Paradise. 1591 Topsail Road is a registered four-unit property in one of the town’s fastest-growing areas, featuring direct backyard access to the scenic pond trail and excellent convenience. The location places you close to a variety of amenities, restaurants, and the Paradise Town Centre. Families will also appreciate being near schools, with a brand-new high school currently in development, which adds to the long-term appeal of this property. The building includes four fully registered units with electric heat throughout. There are three one-bedroom apartments and one two-bedroom unit with a full bath. Key upgrades have already been completed, including the roof, windows, and half the siding within the last 10 years. One unit still requires significant renovations, creating an excellent opportunity for a buyer who wants to build equity and add value. This property works well for both investors and owner-occupiers. Live in one unit while the others help cover expenses, or renovate the final unit to maximize rental income and transform the building into a strong cash-flowing investment. With direct pond access, a prime location, and steady rental demand, 1591 Topsail Road is priced attractively compared to similar multi-unit properties. Book your viewing today to see the potential for yourself. (id:27476)

Property Highlights

MLS® Number
1291864
Type
Single Family
Ownership Type
Freehold
Land Size
58 x 88 x 71 x 82|4,051 - 7,250 sqft

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

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location