$284,500 FOR SALE

Detached 2 Level

Bedrooms: 9Bathrooms: 6

201 Main Street
Springdale, NL A0J 1T0

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:47423)

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Listed By Outport Realty Inc. - Grand Falls-Windsor
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1276880
Last Updated Sep 03, 2024
Property Summary
Property Type Detached

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Price History
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Detailed Information
Bedrooms 9
Bathrooms 6
Amenities Nearby Highway, Recreation, Shopping
Equipment None
Listing Contract Date 2024-08-31
Ownership Type Freehold
Property Type Single Family
Rental Equipment None
Transaction Type For sale
Zoning Description Mixed
Building
Appliances Dishwasher, Refrigerator, Microwave, Stove, Washer, Dryer
Architectural Style 2 Level
Constructed Date 1980
Exterior Finish Vinyl siding
Fireplace Present Yes
Flooring Type Laminate, Other
Foundation Type Concrete
# of Half Bathrooms 2
Heating Fuel Electric
Heating Type Baseboard heaters
Type Two Apartment House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Bath (# pieces 1-6)Second level7.9x8.8
OtherSecond level7x4(walk-in)
EnsuiteSecond level10.10x8.1
Primary BedroomSecond level14.2x12
BedroomSecond level12.11x10.8
BedroomSecond level12.11x10.8
Not knownLower level10.8x3.9(Foyer)
Not knownLower level3.9x3.9(Pantry)
Not knownLower level9.4x11(Apt1)
Not knownLower level14.7x9(Apt1)
Bath (# pieces 1-6)Lower level10.11x9.5(Apt1)
Not knownLower level18.11x17.6(Apt1
Not knownLower level9x9.9(Apt1)
Not knownLower level11x3.11(Apt1)
Bath (# pieces 1-6)Main level7.8x8.6(Salon)
BedroomMain level10x8.9(Salon)
BedroomMain level14.1x8.9(Salon)
Living roomMain level12x14.6(Salon)
Not knownMain level10x14.6(Salon)
FoyerMain level4x10(Salon)
Bath (# pieces 1-6)Main level4x9
Dining roomMain level8.8x14.6
KitchenMain level12x14.6
Living room/FireplaceMain level17x14.5
FoyerMain level5.6x25(Hallway)
Land
Total Size 94+50x77+81x59x62x72 | under 1/2 acre
Amenities Highway, Recreation, Shopping
Sewer Municipal sewage system
Size of Irregular Land 94+50x77+81x59x62x72

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