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142 Lincoln Road Grand Falls/winsor, Newfoundland & Labrador A2A 1P4

2460 sqft

$124,900

Welcome to 142 Lincoln Road, a solid income-generating four-unit property located in the heart of Grand Falls-Windsor. This fully occupied building features four one-bedroom units, making it an excellent turnkey investment opportunity. The property generates $1,975 per month in rental income, with tenants paying their own utilities, helping to keep operating expenses low. Each one-bedroom unit offers comfortable living space, and the property benefits from a strong rental history with consistent tenant demand. Conveniently located near schools, shopping, and other amenities, this multi-unit property provides immediate cash flow and reliable income potential. Ideal for both seasoned investors and those looking to enter the rental market. (id:51189)

Property Details

MLS® Number 1293940
Property Type Other

Building

Appliances Refrigerator, See Remarks, Stove
ConstructedDate 1920
ConstructionStyleAttachment Detached
FlooringType Carpeted, Marble, Ceramic
HeatingFuel Electric
SizeInterior 2460 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeIrregular 50x140
SizeTotalText 50x140|under 1/2 Acre
ZoningDescription Res

https://www.realtor.ca/real-estate/29280229/142-lincoln-road-grand-fallswinsor

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