Buying or Selling your House in Western Newfoundland and Labrador

8 Point Road NEW

Virgin Arm, Newfoundland & Labrador

$79,900

Quick Summary

Location
Virgin Arm, Newfoundland & Labrador
Price
$79,900
Building Type
House
Property Type
Single Family
Status
For sale
Area
820 sqft
Beds
3
Baths
1
Age
n/a
Postal Code
A0G 1P0
MLS®
1293297
Courtesy Of
Outport Realty Inc. - Grand Falls-Windsor
Database ID:62457 DDF Feed ID: 29186792 Latitude: 49.527453 Longitude: -54.773112

Property Description

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:47053)

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Building Information

  • Building Type: House
  • 3 Beds
  • 1 Bath
  • Area: 820 sqft
  • Baseboard heaters
  • Wood Heat
  • Fireplace
  • Vinyl siding
  • Flooring: Other
  • 1 story
  • Shared Well, Well

Full Details

MLS® Number:1293297
Ownership Type:Freehold
Price:$79,900
Property Type:Single Family
Transaction Type:For Sale
Zoning Description:Residential
More Information Link: https://www.realtor.ca/real-estate/29186792/8-point-road-virgin-arm

Size Total Text:95 x 75 x 85 x 70 ft|under 1/2 acre
Sewer:Septic tank
Size Irregular:95 x 75 x 85 x 70 ft

Bathroom Total:1
Bedrooms Above Ground:3
Bedrooms Total:3
Appliances:Refrigerator, Stove
Constructed Date:1970
Exterior Finish:Vinyl siding
Fireplace Fuel:Wood
Fireplace Present:YES
Fireplace Type:Woodstove
Flooring Type:Other
Half Bath Total:0
Heating Fuel:Wood
Heating Type:Baseboard heaters
Stories Total:1
Size Interior:820 sqft
Type:House
Utility Water:Shared Well, Well

Level Type Dimensions
Main level Bath (# pieces 1-6) 7.3 x 9.2 ft
Main level Bedroom 7.4 x 8.9 ft
Main level Bedroom 7.4 x 10 ft
Main level Family room 12.6 x 11.5 ft
Main level Kitchen 11.4 x 12 ft
Main level Bedroom 10 x 9.4 ft
Main level Dining room 6.8 x 11.6 ft
Main level Foyer 6.2 x 9.2 ft
Listing information last updated on 2025-12-15 13:52:46 -0330
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