$575,900 FOR SALE

Detached Bungalow

Bedrooms: 3+3Bathrooms: 4

436 Southern Shore Highway
Witless Bay, NL A1A 4K0

For sale in the picturesque town of Witless Bay, the home of the ecological bird island reserve - Newly renovated house with a double lot and a view of the ocean. Ready for move in. The house boasts 4 separate apartments, each with its own entrance, electrical meter, deck, and all appliances; a stove, fridge, microwave, dishwasher, washing machine and dryer. All units enjoy an ocean view. This unique property has great earning potential. The property is zoned both residential and commercial posing several options as either a residence, or an investment opportunity for those who want to expand their portfolio, or both. The property offers the home buyer or investor the option of starting a business in the spacious 1BR on the lower floor, formerly the Witless Bay post office, or renting out all 4 as residential units. For the home buyer, an onsite owner can rent out 3 units all while living in the home. You can pay off your mortgage with the rental income. The option also exists to live on site, start a business, and still have 2 rental incomes. The well is newly dug. The new septic system is a professionally designed commercial system with the capacity to handle 4 apartments comfortably. The family sized 3BR/1 bath unit on the upper floor features a propane fireplace, hardwood and commercial grade, water proof laminate flooring in the kitchen and bathroom. The bathroom has both a walk in shower and a soaker tub. The spacious master bedroom boasts wall to wall closet space. The open, spacious 1BR/1 Bath on the lower floor is the same square footage as the upper family unit and can be used to start an on site business. The upper and lower remaining 2 units each are 1 BR/1 bath. All 3 newly built units offer commercial grade, water proof laminate flooring and walk in showers (id:47423)

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Listed By eXp Realty
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1272464
Last Updated Jun 04, 2024
Property Summary
Property Type Detached

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Price History
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Detailed Information
Bedrooms 3+3
Bathrooms 4
Amenities Nearby Recreation
Listing Contract Date 2024-05-20
Ownership Type Freehold
Property Type Single Family
Storage Storage Shed
Structures Patio(s)
Transaction Type For sale
Zoning Description Mixed
Building
Appliances Dishwasher, Refrigerator, Microwave, Stove, Washer, Dryer
Architectural Style Bungalow
Constructed Date 1976
Construction Style (Attachment) Detached
Exterior Finish Vinyl siding
Fixture Drapes/Window coverings
Flooring Type Laminate, Mixed Flooring
Foundation Type Concrete, Poured Concrete
Heating Fuel Electric
Stories Total 1
Type Two Apartment House
Utility Water Dug Well
Rooms
Room Level Dimensions Notes
Bath (# pieces 1-6)Lower level7.2x8.4
Laundry roomLower level7.6x5
BedroomLower level11.6x16
Living roomLower level32.5x13
KitchenLower level21.10x21
Bath (# pieces 1-6)Lower level12x10.5
BedroomLower level13x10.6
Living room/Dining roomLower level20x15.8
Bath (# pieces 1-6)Lower level13x10.5
BedroomLower level13x10.6
Living room/Dining roomLower level20x15.8
PorchMain level8x4.10
Bath (# pieces 1-6)Main level13.9x10
BedroomMain level11.9x8.6
BedroomMain level11x9.10
BedroomMain level19x16.8
KitchenMain level12x11
Living room/Dining roomMain level30x9
Land
Total Size 1 Acre Approx | .5 - 9.99 acres
Amenities Recreation
Fence Type Partially fenced
Landscape Features Partially landscaped
Sewer Septic tank
Size of Irregular Land 1 Acre Approx

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