11 Point Road, Virgin Arm, NL A0G1P0
11 Point Road, Virgin Arm, NL A0G1P0
11 Point Road, Virgin Arm, NL A0G1P0
11 Point Road, Virgin Arm, NL A0G1P0
11 Point Road, Virgin Arm, NL A0G1P0
11 Point Road, Virgin Arm, NL A0G1P0
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Deanna Jones

Deanna Jones

+1(250) 486-1889
$ 49,900
Est. payment | /mo

1 Bed

1 Bath

770 SqFt

Save
$ 49,900
Est. payment | /mo
Save

1 Bed

1 Bath

770 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 770

Square Footage 770 sqft

Price per Sqft $64

MLS® Listing ID 1293288

Bedrooms 1

Year Built 1970

Property Sub-Type Freehold

Property Description

Prime Investment Alert! Immediate Cash Flow Opportunity! This is your chance to acquire a turnkey rental property and enter the real estate investment market with confidence! Located in a desirable area, this property is poised to deliver outstanding returns from day one. Key Investment Highlights: Instant Income: The property includes a long-standing, reliable tenant who wishes to remain, ensuring immediate, uninterrupted rental income and returning capital from the moment of closing. Expansion Potential: Don't just settle for one unit! A dedicated (approximately 300 downstairs with potential on the second floor) storage area is situated beside the existing apartment. This space was originally slated for conversion into a second rental unit (e.g., a studio or 1-bedroom suite). This offers a clear path to significantly boosting your ROI through future value-add development (subject to municipal approvals). Hassle-Free Transition: Benefit from an established tenancy, eliminating the time and expense of marketing, screening, and initial leasing. Don't miss out on this exceptional chance to secure a cash-flowing asset with built-in potential for future revenue growth. (id:24570)

Location

Province NL

Rooms

Kitchen 1.0

Extra Room 1 Main level 5 x 11 ft Foyer

Extra Room 2 Main level 8.5 x 17.6 ft Family room

Extra Room 3 Main level 10 x 7 ft Kitchen

Extra Room 4 Main level 3 x 12 ft Bath (# pieces 1-6)

Extra Room 5 Main level 6 x 10 ft Bedroom

Interior

Flooring Carpeted, Laminate

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Attached Garage No

Garage No

Private Pool No

Building

Story 1

Sewer Septic tank

Others

Ownership Freehold

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Listed by Outport Realty Inc. - Grand Falls-Windsor

Nearby Locations

Deanna Jones

"After more than a decade of helping people buy and sell homes throughout the Okanagan, from Osoyoos to the Shuswap, I understand that every move is personal. Whether you are buying, selling, or simply exploring your options, I would be happy to help you reach your real estate goals. "

+1(250) 486-1889

deanna.jones@exprealty.com

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11 Point Road