34-40 Georgia Drive, Stephenville, Newfoundland & Labrador A2N 0C3

Listed for:
$629,000
0 beds
0 baths
Listed 19 days ago
Multi-Family for rent: 34-40 Georgia Drive, Stephenville, Newfoundland & Labrador A2N 0C3

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About

Turnkey 5-Unit Apartment Building – Exceptional Investment Opportunity An outstanding opportunity for investors or those looking to expand their rental portfolio. This well-maintained, income-generating 5-unit apartment building offers a rare combination of space, privacy, and recent upgrades—making it a truly turnkey investment. Property Highlights This multi-unit property features: - Four (4) spacious 3-bedroom apartments – Generously sized units ideal for families and long-term tenants - One (1) executive 3-bedroom apartment, offering premium features including: Two full bathrooms Private, fully fenced yard Dedicated private storage shed The executive unit is perfectly suited for an owner-occupier or as a high-end rental, adding flexibility and increased revenue potential. Recent Upgrades & Features Extensively improved over the past year, this property is designed for long-term performance and reduced maintenance: - New oil tank - New hot water tanks - Numerous upgrades throughout the building - Ample basement storage for tenants or owner use - Two on-site sheds (one private to the executive unit, one shared) - Executive unit pays its own heat and electricity, lowering operating costs Investment Appeal - Strong and stable rental income potential - True turnkey property with minimal immediate capital requirements - Diverse unit mix enhances rental demand and flexibility - Consistently maintained building with pride of ownership - Highly attractive to families, professionals, and long-term tenants This is a rare opportunity to acquire a versatile, upgraded multi-unit property in excellent condition. (id:27476)

Property Highlights

MLS® Number
1296337
Type
Other
Ownership Type
Freehold
Land Size
153 x 105 ( 163 x 131 )|.5 - 9.99 acres

Building

Building Type
Multi-Family
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat, Radiant heat
Heating Fuel
Oil
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
RE/MAX Realty Professionals Ltd. - Stephenville
MLS® number:
1296337
Agent:
Don Gibbon
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