13-21 Barnhill Road, Baie Verte, Newfoundland & Labrador

$525,000

Previous Next

20

Beds

10

Baths

7,100

Square feet

About 13-21 Barnhill Road

This exceptional investment opportunity consists of two buildings with a total of 10 rental units. Each building contains 5 self-contained, occupied rentals, making it a lucrative proposition for potential investors. Here’s a detailed breakdown of the property, 9 units are designed with 3 bedrooms and 1 bath, offering ample space for families or groups. 1 unit features 2 bedrooms and 1 bath, catering to smaller households or individuals seeking a cozy living space. Each unit is equipped with washer/dryer hookups, adding convenience for tenants and making the property more attractive in the rental market. All units have separate meters, ensuring precise utility billing and simplifying management for property owners. The property is fully occupied, offering immediate rental income from day one. Tenants pay their utilities (POU), providing clear and manageable operational costs for investors, enhancing the property's financial appeal. This property is ideal for investors looking to expand their portfolio with a stable and income-generating asset. With its combination of location, occupancy, and amenities, it promises long-term value appreciation and steady cash flow. Don't miss out on this rare opportunity to invest in a high-demand rental market. Please contact Realtor for a Detailed Property Overview. (id:36535)

Features of 13-21 Barnhill Road

Listing # 1285236
Price $525,000
Bedrooms 20
Bathrooms 10.00
Square Footage 7,100
Acres 0.00
Year Built 1980
Type Other
Sub-Type Freehold

Community Information

Address 13-21 Barnhill Road
City Baie Verte
Province Newfoundland & Labrador
Postal Code A0K1B0

Amenities

Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Stove, Washer, Dryer
Heating Electric Baseboard heaters
Fireplace No
Has Basement No

Exterior

Exterior Other, Vinyl siding
Lot Description 233 X 157|under 1/2 acre
Foundation Concrete

Listing Details

OfficeCourtesy Of Janice Kearley Of Keller Williams Platinum Realty - Grand Falls

Listing Map