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201 Main Street Springdale, Newfoundland & Labrador A0J 1T0

9 Bedroom 6 Bathroom 3670 sqft
2 Level Fireplace Baseboard Heaters

$274,999

Introducing an outstanding investment opportunity at 201 Main Street, Springdale, NL, a remarkable block of units with a blend of residential and commercial prospects. Perfect for the business-savvy investor, first-time homebuyers looking to maximize their purchase, or those seeking to dive into the property market with a sound income-producing asset. This impressive property boasts a substantial nine bedrooms and four full and two half bathrooms across a mix of accommodations, including a three-bedroom house and three additional rental units. Each unit exudes charm with dark wood cabinets, stylish laminate and ceramic flooring, and benefits from modern vinyl siding and windows, ensuring low maintenance and attractive living spaces. Investors will appreciate the mixed zoning, which presents a unique chance to live in one unit while operating a business from another, or simply to maximize rental income across the board. The three-bedroom house is currently tenanted, providing immediate income, while the remaining units offer the potential for further financial reward. For those who desire to live mortgage-free, this is the perfect opportunity. By residing in one unit and leasing out the others, you could effectively live rent-free. With many upgrades throughout the property, this offering is not only turnkey but also a wise investment for the future, selling for below assessed value. With a centrally located address, ample parking for eight plus vehicles, and the allure of significant income potential, this property is poised to be a savvy addition to any portfolio or a smart start for those entering the housing market. Don't miss the chance to secure this multifaceted gem in the heart of Springdale. (id:51189)

Property Details

MLS® Number 1276880
Property Type Single Family
AmenitiesNearBy Highway, Recreation, Shopping
EquipmentType None
RentalEquipmentType None

Building

BathroomTotal 6
BedroomsTotal 9
Appliances Dishwasher, Refrigerator, Microwave, Stove, Washer, Dryer
ArchitecturalStyle 2 Level
ConstructedDate 1980
ExteriorFinish Vinyl Siding
FireplacePresent Yes
FlooringType Laminate, Other
FoundationType Concrete
HalfBathTotal 2
HeatingFuel Electric
HeatingType Baseboard Heaters
SizeInterior 3670 Sqft
Type Two Apartment House
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway, Recreation, Shopping
Sewer Municipal Sewage System
SizeIrregular 94+50x77+81x59x62x72
SizeTotalText 94+50x77+81x59x62x72|under 1/2 Acre
ZoningDescription Mixed

Rooms

Level Type Dimensions
Second Level Bath (# Pieces 1-6) 7.9x8.8
Second Level Other 7x4(walk-in)
Second Level Ensuite 10.10x8.1
Second Level Primary Bedroom 14.2x12
Second Level Bedroom 12.11x10.8
Second Level Bedroom 12.11x10.8
Lower Level Not Known 10.8x3.9(Foyer)
Lower Level Not Known 3.9x3.9(Pantry)
Lower Level Not Known 9.4x11(Apt1)
Lower Level Not Known 14.7x9(Apt1)
Lower Level Bath (# Pieces 1-6) 10.11x9.5(Apt1)
Lower Level Not Known 18.11x17.6(Apt1
Lower Level Not Known 9x9.9(Apt1)
Lower Level Not Known 11x3.11(Apt1)
Main Level Bath (# Pieces 1-6) 7.8x8.6(Salon)
Main Level Bedroom 10x8.9(Salon)
Main Level Bedroom 14.1x8.9(Salon)
Main Level Living Room 12x14.6(Salon)
Main Level Not Known 10x14.6(Salon)
Main Level Foyer 4x10(Salon)
Main Level Bath (# Pieces 1-6) 4x9
Main Level Dining Room 8.8x14.6
Main Level Kitchen 12x14.6
Main Level Living Room/fireplace 17x14.5
Main Level Foyer 5.6x25(Hallway)

https://www.realtor.ca/real-estate/27355609/201-main-street-springdale

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