$199,000 FOR SALE

Multiplex

20-26 Church Hill Road
Spaniards Bay, NL A0A 3X0

Welcome to this incredible multifamily rental property, featuring five well-designed 1-bedroom units. This property is priced to sell, making it an excellent investment opportunity for both seasoned investors and first-time buyers. Each unit within this multifamily property offers a comfortable living space, perfect for individuals or couples seeking a cozy and private home. The layout of each unit has been thoughtfully designed to maximize functionality and provide a comfortable living experience. The property's prime location ensures convenience and accessibility, with various amenities, shopping, and recreation options just a stone's throw away. As an investor, you'll benefit from the steady rental income generated by these five units. With a strong demand for efficient rentals in the area, you can expect a consistent stream of tenants, ensuring a reliable return on your investment. Currently all 5 units are rented (POU) Don't miss out on this incredible opportunity to own a multifamily rental property with five 1-bedroom units. Priced to sell, this property offers both financial stability and potential for future growth. Schedule a viewing today and seize the chance to secure your place in the thriving rental market. (id:47423)

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Listed By eXp Realty
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1264146
Last Updated Apr 18, 2024
Property Summary
Property Type Multiplex

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Price History
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Detailed Information
Equipment None
Listing Contract Date 2023-10-03
Location Description Church Hill has a one way street going to the main road. Take the two-way street on the other side of Church Hill to access property on right hand side.
Ownership Type Freehold
Property Type Single Family
Rental Equipment None
Transaction Type For sale
Zoning Description Res.
Building
Appliances Refrigerator, Stove
Constructed Date 1990
Exterior Finish Vinyl siding
Flooring Type Carpeted, Laminate, Mixed Flooring, Other
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard heaters
Type Multi-Family
Utility Water Municipal water
Land
Total Size 160x164x104x81 | under 1/2 acre
Sewer Municipal sewage system
Size of Irregular Land 160x164x104x81

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