Buying or Selling your House in Western Newfoundland and Labrador

23-29 Bowater Avenue NEW

Lewisporte, Newfoundland & Labrador

$399,000

Quick Summary

Location
Lewisporte, Newfoundland & Labrador
Price
$399,000
Building Type
Multi-Family
Property Type
Other
Status
For sale
Area
n/a
Beds
0
Baths
n/a
Age
n/a
Postal Code
A0G 3A0
MLS®
1295341
Courtesy Of
Keller Williams Platinum Realty - Gander
Database ID:64522 DDF Feed ID: 29489870 Latitude: 49.249828 Longitude: -55.06625

Property Description

5-Plex in Lewisporte — Solid Investor Opportunity This centrally located 5-plex in Lewisporte sits in a welcoming community with easy access to recreational facilities, ball fields, basketball courts, playgrounds, and schools, ensuring residents enjoy convenience and a family-friendly lifestyle. All units are currently rented, providing immediate cash flow for investors. The property features four 3-bedroom, 1.5-bath units and one 2-bedroom, 1-bath unit. The layout offers a versatile mix to attract a range of tenants, from families to professionals, while the strong rental demand in this area supports sustained occupancy. Its proximity to schools, parks, and community amenities enhances appeal, and Lewisporte’s growth prospects add potential for future appreciation. This turnkey opportunity delivers reliable income with room for upside through prudent management, potential renovations, and strategic lease-up in a market known for stable yields and a tight housing supply. (id:47053)

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Building Information

  • Building Type: Multi-Family
  • Baseboard heaters
  • Electric Heat
  • Municipal water

Full Details

MLS® Number:1295341
Ownership Type:Freehold
Price:$399,000
Property Type:Other
Transaction Type:For Sale
Zoning Description:RES
More Information Link: https://www.realtor.ca/real-estate/29489870/23-29-bowater-avenue-lewisporte

Size Total Text:Unknown
Sewer:Municipal sewage system

Bedrooms Above Ground:0
Bedrooms Below Ground:0
Bedrooms Total:0
Architectural Style:2 Level
Constructed Date:1980
Heating Fuel:Electric
Heating Type:Baseboard heaters
Type:Multi-Family
Utility Water:Municipal water
Listing information last updated on 2026-03-19 09:32:43 -0230
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