1 Oceanview Lane Pollards Point, Newfoundland & Labrador A2H 4W8
$175,000
Looking to expand your rental portfolio or get started in real estate investing? This 6-unit apartment building in Pollards Point offers strong income potential with immediate cash flow. Featuring 5 two-bedroom units and 1 three-bedroom unit, the property is fully rented, providing consistent rental income from day one. Positioned near the water, tenants can enjoy beautiful ocean views in a quiet coastal setting. This is an older building that has been priced accordingly, presenting a great value-add opportunity for investors looking to increase equity through renovations and improvements. With room to enhance both rental rates and overall property value, the upside here is significant. Additional features include available room measurements for all units and an older truck with a plow that the vendor is willing to include—an added bonus for property maintenance. Whether you’re a first-time investor or looking to add to your portfolio, this property offers the perfect combination of cash flow, location, and future potential. (id:51189)
Property Details
| MLS® Number | 1295813 |
| Property Type | Other |
Building
| ConstructedDate | 2026 |
| FoundationType | Block |
| HeatingFuel | Electric, Oil, Wood |
| Type | Multi-family |
| UtilityWater | Unknown |
Land
| Acreage | Yes |
| SizeIrregular | 8395 |
| SizeTotal | 8395.0000|7,251 - 10,889 Sqft |
| SizeTotalText | 8395.0000|7,251 - 10,889 Sqft |
| ZoningDescription | Res |
https://www.realtor.ca/real-estate/29566466/1-oceanview-lane-pollards-point
Interested?
Contact us for more information
Michael Samson
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
Justin Hollett
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
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May 05 2026 01:22:23
The Newfoundland & Labrador Association of REALTORS®
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