Explore an exceptional investment opportunity with this well maintained 14-unit rental property, consisting of 7 duplexes with paved parking, located in the community of Holyrood, Newfoundland and Labrador. Built just nine years ago, this modern complex features spacious two-bedroom bungalows, each designed with comfort and accessibility in mind. Prime Location: Nestled just off Woodford’s Station Road, this property offers 55 Plus living for tenants with convenient access to local amenities, parks, shops and restaurants, making it an ideal choice for seniors in an active community. Accessibility: All units are thoughtfully designed to be wheelchair accessible, catering to a wider range of tenants and enhancing the property's appeal. Modern Amenities: Each bungalow comes equipped with essential appliances, including a refrigerator, stove, dishwasher and laundry hook-up. Stable Investment: With all units fully occupied, this property presents a reliable income stream for savvy investors. Take advantage of this unique chance to invest in a well-situated, low-maintenance rental property that continues to attract quality tenants in the growing area of Holyrood. (id:47423)
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Detailed Information
Listing Contract Date
2025-02-05
Location Description
Located on the north side of Holyrood off Woodford's Station Rd.
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Zoning Description
Res
Building
Appliances
Dishwasher, Refrigerator, Stove
Constructed Date
2016
Construction Style (Attachment)
Semi-detached
Exterior Finish
Wood shingles, Vinyl siding
Flooring Type
Laminate, Other
Foundation Type
Concrete Slab
Heating Fuel
Electric
Heating Type
Baseboard heaters
Type
Multi-Family
Utility Water
Municipal water
Land
Total Size
2.62 acres | 1 - 3 acres
Acreage
Yes
Sewer
Municipal sewage system
Size of Irregular Land
2.62 acres
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