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Listed by RE/MAX Realty Professionals Ltd. - Deer Lake
$ 164,900
Est. payment | /mo
$ 164,900
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1295813
Style 6-10 Units
Annual Tax Amount $965
Tax Year 2025
Lot Dimensions 8395
Property Sub-Type Multi Family
Source NLAR
Property Description
Looking to expand your rental portfolio or get started in real estate investing? This 6-unit apartment building in Pollards Point offers strong income potential with immediate cash flow.
Featuring 5 two-bedroom units and 1 three-bedroom unit, the property is fully rented, providing consistent rental income from day one. Positioned near the water, tenants can enjoy beautiful ocean views in a quiet coastal setting.
This is an older building that has been priced accordingly, presenting a great value-add opportunity for investors looking to increase equity through renovations and improvements. With room to enhance both rental rates and overall property value, the upside here is significant.
Additional features include available room measurements for all units and an older truck with a plow that the vendor is willing to include—an added bonus for property maintenance.
Whether you're a first-time investor or looking to add to your portfolio, this property offers the perfect combination of cash flow, location, and future potential.
Featuring 5 two-bedroom units and 1 three-bedroom unit, the property is fully rented, providing consistent rental income from day one. Positioned near the water, tenants can enjoy beautiful ocean views in a quiet coastal setting.
This is an older building that has been priced accordingly, presenting a great value-add opportunity for investors looking to increase equity through renovations and improvements. With room to enhance both rental rates and overall property value, the upside here is significant.
Additional features include available room measurements for all units and an older truck with a plow that the vendor is willing to include—an added bonus for property maintenance.
Whether you're a first-time investor or looking to add to your portfolio, this property offers the perfect combination of cash flow, location, and future potential.
Location
Province NL
Zoning RES
Interior
Heating Electric, Oil, Wood
Cooling Electric, Oil, Wood
Building
Story 2
Foundation Block
Sewer Other
Water Unknown
Nearby Locations
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