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10-20 Main Road Heart's Delight/islington, Newfoundland & Labrador A0B 2E0

5000 sqft

$699,000

Discover an excellent income-generating property with this well-maintained 7-apartment complex, perfectly situated on a spacious 3.5-acre lot. Offering strong rental potential, this property is an ideal choice for seasoned investors or those looking to expand their real estate portfolio. The complex features seven self-contained apartments, each designed with functionality and comfort in mind. With ample parking and a quiet setting, tenants can enjoy both convenience and privacy. What truly sets this property apart is the development potential. With 3.5 acres of land, there is significant opportunity to create additional building lots or expand the existing complex, unlocking even more value in the future. Whether you’re looking for steady rental income, room for growth, or a long-term investment with strong upside, this property checks all the boxes. (id:51189)

Property Details

MLS® Number 1290410
Property Type Single Family

Building

ConstructedDate 1975
ExteriorFinish Vinyl Siding
FlooringType Laminate
FoundationType Concrete
HeatingFuel Electric
SizeInterior 5000 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeIrregular 3.5 Acres
SizeTotalText 3.5 Acres
ZoningDescription Mixed

https://www.realtor.ca/real-estate/28868993/10-20-main-road-hearts-delightislington

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