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3 Beds
1 Bath
820 sqft

C$69,900

8 Point Road, Virgin Arm Newfoundland & Labrador, A0G1P0

Price per sqftC$85.24
Built in1970
Property size820 sqft
Property typeResidential
Courtesy of Glenn Gallant with Outport Realty Inc. - Grand Falls-Windsor

Overview

Active

Listed Dec 14, 2025

Updated Aug 1

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:41202)

Additional information

MLS® ID
1293297

Interior Features

Bedrooms
3
Bathrooms
1
Heating
Yes
Basement
No

Courtesy of Glenn Gallant with Outport Realty Inc. - Grand Falls-Windsor

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