1 Oceanview Lane, Pollards Point, Newfoundland & Labrador A2H 4W8

Listed for:
$199,000
0 beds
0 baths
Listed 10 days ago
Multi-Family for rent: 1 Oceanview Lane, Pollards Point, Newfoundland & Labrador A2H 4W8

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About

Looking to expand your rental portfolio or get started in real estate investing? This 6-unit apartment building in Pollards Point offers strong income potential with immediate cash flow. Featuring 5 two-bedroom units and 1 three-bedroom unit, the property is fully rented, providing consistent rental income from day one. Positioned near the water, tenants can enjoy beautiful ocean views in a quiet coastal setting. This is an older building that has been priced accordingly, presenting a great value-add opportunity for investors looking to increase equity through renovations and improvements. With room to enhance both rental rates and overall property value, the upside here is significant. Additional features include available room measurements for all units and an older truck with a plow that the vendor is willing to include—an added bonus for property maintenance. Whether you’re a first-time investor or looking to add to your portfolio, this property offers the perfect combination of cash flow, location, and future potential. (id:27476)

Property Highlights

MLS® Number
1295813
Type
Other
Ownership Type
Freehold
Land Size
8395.0000|7,251 - 10,889 sqft

Building

Building Type
Multi-Family
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Electric, Oil, Wood
Building Cooling Type

Utilities

Water
Unknown

Location

Learn more about this property
Listing provided by:
RE/MAX Realty Professionals Ltd. - Deer Lake
MLS® number:
1295813
Agent:
Bree Anstey
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