8 Point Road, Virgin Arm, Newfoundland & Labrador A0G 1P0

Listed for:
$79,900
3 beds
1 baths
Listed 26 days ago
House for rent: 8 Point Road, Virgin Arm, Newfoundland & Labrador A0G 1P0

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Learn more about this property
Listing provided by:
Outport Realty Inc. - Grand Falls-Windsor
MLS® number:
1293297
Agent:
Glenn Gallant
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About

Investment Gold: Turnkey 3-Bedroom Home with Instant Cash Flow! Attention investors! Secure a highly desirable, well-kept 3-bedroom rental that delivers exceptional returns from day one. This property is a testament to solid maintenance and offers strong tenant appeal, making it a truly resilient investment. Key Investment & Property Features: Immediate Capital Flow: The unit is occupied by reliable, long-standing tenants who wish to remain, ensuring a seamless acquisition and guaranteed, uninterrupted income immediately upon closing. High-Demand Rental: The 3-bedroom configuration is a prime market segment, attracting stable, long-term tenants (families or groups) and commanding competitive rental rates. Tenant Appeal & Comfort: Tenants benefit from the cozy efficiency of wood heat, supplemented by reliable baseboard electric—a popular and cost-effective heating solution. Condition: The property is described as well kept, indicating pride of ownership and minimizing immediate maintenance concerns for the investor. Unique Bonus Amenity: A versatile outdoor wood shed/man cave provides extra storage and flexible space, adding significant value and appeal to the current tenant. Investment Highlight: This is a fantastic "set-it-and-forget-it" investment. It's a cash-flowing asset where the heavy lifting (finding and keeping tenants) is already done. Start earning immediately! Don't miss this chance to add a stable, high-yield asset to your portfolio. (id:27476)

Property Highlights

MLS® Number
1293297
Type
Single Family
Ownership Type
Freehold
Land Size
95 x 75 x 85 x 70 ft|under 1/2 acre

Building

Building Type
House
Storeys
1.00
Square Footage
820 sqft
Bathrooms Total
1
Bedrooms Above Ground
3
Bedrooms Total
3
Exterior Finish
Vinyl siding
Fireplace Present
Yes
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Wood
Building Cooling Type

Utilities

Water
Shared Well, Well
Utility Sewer
Septic tank

Room Layout

Bath (# pieces 1-6)
Main level
7.3 x 9.2 ft
Bedroom
Main level
7.4 x 8.9 ft
Bedroom
Main level
7.4 x 10 ft
Family room
Main level
12.6 x 11.5 ft
Kitchen
Main level
11.4 x 12 ft
Bedroom
Main level
10 x 9.4 ft
Dining room
Main level
6.8 x 11.6 ft
Foyer
Main level
6.2 x 9.2 ft

Location