133 Humber Road Corner Brook, Newfoundland & Labrador A2H 1G5

$169,900

This two-unit rental property presents a fantastic opportunity to generate strong returns. The main unit—a 2-bedroom, 1-bath—is already rented, providing steady income to help offset expenses as you renovate the second unit: a 3-bedroom, 1-bath handyman special with excellent potential. With some updates, the second unit could become a high-performing rental, capitalizing on the area's strong housing demand. Both units are situated above a spacious basement, ideal for additional storage. The basement, accessible via an exterior door, features a foundation made of concrete, dirt, gravel, and a wood floor. While it serves its purpose well in its current state, adding a poured concrete floor could enhance its functionality. Some interior and exterior work is needed, and the property is being sold as-is, where-is—giving you the freedom to jump straight into value-adding upgrades. Don't miss your chance to boost cash flow and build equity in a growing market! Please Note: A Seller’s Direction is in place. No conveyance of any written or signed offers will occur prior to 6:00 PM on Sunday, August 24. Offers must remain open for acceptance until 9:00 PM the same day. (id:51189)

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https://www.realtor.ca/real-estate/28749565/133-humber-road-corner-brook