850 Main Road, Pouch Cove, Newfoundland & Labrador A0A 3L0

Listed for:
$1,749,500
0 beds
0 baths
Listed 10 days ago
Multi-Family for rent: 850 Main Road, Pouch Cove, Newfoundland & Labrador A0A 3L0

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About

Exceptional opportunity to acquire a well-maintained 13-unit residential complex offering immediate income and long-term investment potential. The property consists of 9 spacious two-bedroom townhouses, 3 one-bedroom condo-style apartments, and 1 detached two-bedroom home with an attached garage, providing a diverse rental mix attractive to a wide range of tenants. Each townhouse, approximately 1,400 sq. ft., features a bright and functional layout with a welcoming living room, eat-in kitchen, and convenient powder room on the main level, while the upper floor includes two generously sized bedrooms and a full bathroom. The condo-style apartments, approximately 595 sq. ft., offer comfortable one-bedroom living with an open living area, kitchen, and full bathroom. Completing the complex is a detached two-bedroom home with attached garage, ideal as an on-site property manager's residence or an additional rental unit. All units are currently leased, generating approximately $15,000 per month in gross rental income, making this a turnkey investment opportunity. The property also offers ample parking for tenants and guests, an on-site greenhouse, and beautiful ocean views from msot units. Whether you're looking to expand your portfolio or secure a high-performing multi-unit asset, this property delivers excellent income, strong occupancy, and future potential. Immediate possession available. Don't miss this rare opportunity! *Any applicable HST will be the sole responsibility of the purchaser. (id:27476)

Property Highlights

MLS® Number
1299239
Type
Other
Ownership Type
Freehold
Land Size
0.77 acres|.5 - 9.99 acres

Building

Building Type
Multi-Family
Square Footage
14394 sqft
Exterior Finish
Vinyl siding
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:
RE/MAX Infinity Realty Inc. - Sheraton Hotel
MLS® number:
1299239
Agent:
Robert Moore
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