About 8 Point Road
Investment Gold: Turnkey 3-Bedroom Home with Instant Cash Flow! Attention investors! Secure a highly desirable, well-kept 3-bedroom rental that delivers exceptional returns from day one. This property is a testament to solid maintenance and offers strong tenant appeal, making it a truly resilient investment. Key Investment & Property Features: Immediate Capital Flow: The unit is occupied by reliable, long-standing tenants who wish to remain, ensuring a seamless acquisition and guaranteed, uninterrupted income immediately upon closing. High-Demand Rental: The 3-bedroom configuration is a prime market segment, attracting stable, long-term tenants (families or groups) and commanding competitive rental rates. Tenant Appeal & Comfort: Tenants benefit from the cozy efficiency of wood heat, supplemented by reliable baseboard electric—a popular and cost-effective heating solution. Condition: The property is described as well kept, indicating pride of ownership and minimizing immediate maintenance concerns for the investor. Unique Bonus Amenity: A versatile outdoor wood shed/man cave provides extra storage and flexible space, adding significant value and appeal to the current tenant. Investment Highlight: This is a fantastic ""set-it-and-forget-it"" investment. It's a cash-flowing asset where the heavy lifting (finding and keeping tenants) is already done. Start earning immediately! Don't miss this chance to add a stable, high-yield asset to your portfolio. (id:2599)
Features of 8 Point Road
| Listing # | 1293297 |
|---|---|
| Price | $79,900 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Square Footage | 820 |
| Year Built | 1970 |
| Type | Single Family |
| Sub-Type | Freehold |
Community Information
| Address | 8 Point Road |
|---|---|
| City | Virgin Arm |
| Province | Newfoundland & Labrador |
| Postal Code | A0G1P0 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Appliances | Refrigerator, Stove |
|---|---|
| Heating | Wood Baseboard heaters |
| Fireplace | Yes |
| Fireplaces | Wood |
| # of Stories | 1 |
Exterior
| Exterior | Vinyl siding |
|---|

