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Listed by Royal LePage Generation Realty
$ 319,000
Est. payment | /mo
1,670 SqFt
$ 319,000
Est. payment | /mo
1,670 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,670 sqft
Price per Sqft $191
MLS Listing ID 1300679
Style Detached,4 Units
Year Built 1970
Annual Tax Amount $2,299
Tax Year 2026
Lot Dimensions 60' x 120'
Property Sub-Type Multi Family
Source NLAR
Property Description
Expand your investment portfolio with this well maintained four unit bungalow ideally situated on a quiet residential area in the heart of Grand Falls-Windsor. Conveniently located just minutes from the hospital, recreation facilities, schools, shopping, and the downtown core, this property offers an excellent location that continues to attract quality tenants. Building consists of four self-contained apartments, including two 2-bedroom units and two 1-bedroom units with all units currently rented, providing immediate rental income. Each apartment features its own private entrance and separate electrical meter, allowing tenants to pay their own electricity while simplifying property management. Two of the apartments have been recently renovated offering updated kitchens and flooring. The remaining two units are well maintained and fully functional while presently an excellent opportunity for future cosmetic upgrades to further increase rental income and overall property value. Each unit is equipped with a r4efidgerator and stove, while three of the four apartments include a washer and dryer. The property is heated with electric heat throughout and the attic has been upgraded with blown in insulation to improve energy efficiency. Don't miss out on this opportunity to invest in one of Central Newfoundland's desirable rental markets. As per sellers direction, no conveyance of offers until August 9, 2026 @ 12:00 pm. Offers to remain open until 5:00 pm until August 9, 2026 @ 5:00 pm
Location
Province NL
Zoning Res
Interior
Heating Electric
Cooling Electric
Equipment None
Exterior
Exterior Feature Vinyl
Roof Type Shingle - Asphalt
Building
Foundation Fully Developed, Poured Concrete
Sewer Municipal
Water Municipal
Nearby Locations
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