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Listed by Outport Realty Inc. - Grand Falls-Windsor
$ 199,900
Est. payment | /mo
$ 199,900
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1298116
Style Bungalow,Duplex
Year Built 1962
Annual Tax Amount $1,480
Tax Year 2026
Lot Dimensions 125'X55'X124'X54'
Property Sub-Type Multi Family
Source NLAR
Property Description
Located in the heart of Lewisporte, this well-maintained duplex offers an excellent investment opportunity close to schools, shopping, and all major amenities. Each side of the duplex features 2 bedrooms, a spacious living room, functional kitchen, private laundry area, and access to a beautiful mature backyard — perfect for tenants to enjoy outdoor space and privacy.
The property is set up with separate breaker panels for each unit, adding convenience for both owners and tenants. Major updates include shingles completed in 2024, providing peace of mind for years to come. Both units are currently tenant occupied, with tenants who would love to stay, making this a fantastic turnkey investment opportunity for anyone looking to grow their rental portfolio in a desirable location.
An added bonus is the undeveloped basement space, which already has drywall completed in some areas. Currently used by the tenants for storage, this space offers great potential for future development, allowing the next owner the opportunity to add even more value over time.
Whether you're a seasoned investor or just getting started, this income-generating property is one you won't want to miss!
The property is set up with separate breaker panels for each unit, adding convenience for both owners and tenants. Major updates include shingles completed in 2024, providing peace of mind for years to come. Both units are currently tenant occupied, with tenants who would love to stay, making this a fantastic turnkey investment opportunity for anyone looking to grow their rental portfolio in a desirable location.
An added bonus is the undeveloped basement space, which already has drywall completed in some areas. Currently used by the tenants for storage, this space offers great potential for future development, allowing the next owner the opportunity to add even more value over time.
Whether you're a seasoned investor or just getting started, this income-generating property is one you won't want to miss!
Location
Province NL
Zoning Residential
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Equipment None
Exterior
Exterior Feature Shingles, Vinyl
Roof Type Shingle - Asphalt
Building
Story 1
Foundation Concrete
Sewer Municipal
Water Municipal
Nearby Locations
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