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8 Point Road Virgin Arm, Newfoundland & Labrador A0G 1P0

3 Bedroom 1 Bathroom 820 sqft
Fireplace Baseboard Heaters

$79,900

Investment Gold: Turnkey 3-Bedroom Home with Instant Cash Flow! Attention investors! Secure a highly desirable, well-kept 3-bedroom rental that delivers exceptional returns from day one. This property is a testament to solid maintenance and offers strong tenant appeal, making it a truly resilient investment. Key Investment & Property Features: Immediate Capital Flow: The unit is occupied by reliable, long-standing tenants who wish to remain, ensuring a seamless acquisition and guaranteed, uninterrupted income immediately upon closing. High-Demand Rental: The 3-bedroom configuration is a prime market segment, attracting stable, long-term tenants (families or groups) and commanding competitive rental rates. Tenant Appeal & Comfort: Tenants benefit from the cozy efficiency of wood heat, supplemented by reliable baseboard electric—a popular and cost-effective heating solution. Condition: The property is described as well kept, indicating pride of ownership and minimizing immediate maintenance concerns for the investor. Unique Bonus Amenity: A versatile outdoor wood shed/man cave provides extra storage and flexible space, adding significant value and appeal to the current tenant. Investment Highlight: This is a fantastic "set-it-and-forget-it" investment. It's a cash-flowing asset where the heavy lifting (finding and keeping tenants) is already done. Start earning immediately! Don't miss this chance to add a stable, high-yield asset to your portfolio. (id:51189)

Property Details

MLS® Number 1293297
Property Type Single Family

Building

BathroomTotal 1
BedroomsAboveGround 3
BedroomsTotal 3
Appliances Refrigerator, Stove
ConstructedDate 1970
ConstructionStyleAttachment Detached
ExteriorFinish Vinyl Siding
FireplaceFuel Wood
FireplacePresent Yes
FireplaceType Woodstove
FlooringType Other
HeatingFuel Wood
HeatingType Baseboard Heaters
StoriesTotal 1
SizeInterior 820 Sqft
Type House
UtilityWater Shared Well, Well

Land

Acreage No
Sewer Septic Tank
SizeIrregular 95 X 75 X 85 X 70 Ft
SizeTotalText 95 X 75 X 85 X 70 Ft|under 1/2 Acre
ZoningDescription Residential

Rooms

Level Type Dimensions
Main Level Bath (# Pieces 1-6) 7.3 x 9.2 ft
Main Level Bedroom 7.4 x 8.9 ft
Main Level Bedroom 7.4 x 10 ft
Main Level Family Room 12.6 x 11.5 ft
Main Level Kitchen 11.4 x 12 ft
Main Level Bedroom 10 x 9.4 ft
Main Level Dining Room 6.8 x 11.6 ft
Main Level Foyer 6.2 x 9.2 ft

https://www.realtor.ca/real-estate/29186792/8-point-road-virgin-arm

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