$1,749,500
Pouch Cove
850 Main Road, Pouch Cove, Newfoundland & Labrador, A0A3L0
This other in Pouch Cove is for sale offering roughly 14,394 sq ft of space. It has been on the market 138 days, fresher than the Pouch Cove average of 304 days.
Exceptional opportunity to acquire a well-maintained 13-unit residential complex offering immediate income and long-term investment potential. The property consists of 9 spacious two-bedroom townhouses, 3 one-bedroom condo-style apartments, and 1 detached two-bedroom home with an attached garage, providing a diverse rental mix attractive to a wide range of tenants. Each townhouse, approximately 1,400 sq. ft., features a bright and functional layout with a welcoming living room, eat-in kitchen, and convenient powder room on the main level, while the upper floor includes two generously sized bedrooms and a full bathroom. The condo-style apartments, approximately 595 sq. ft., offer comfortable one-bedroom living with an open living area, kitchen, and full bathroom. Completing the complex is a detached two-bedroom home with attached garage, ideal as an on-site property manager's residence or an additional rental unit. All units are currently leased, generating approximately $15,000 per month in gross rental income, making this a turnkey investment opportunity. The property also offers ample parking for tenants and guests, an on-site greenhouse, and beautiful ocean views from msot units. Whether you're looking to expand your portfolio or secure a high-performing multi-unit asset, this property delivers excellent income, strong occupancy, and future potential. Immediate possession available. Don't miss this rare opportunity! *Any applicable HST will be the sole responsibility of the purchaser. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 138 days on market, against an average age of 304 days across the listings currently for sale in this city
This other in Pouch Cove has been listed for 138 days, which is 166 days fresher than the city average of 304. Act while there is still low competition.
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