8 Point Road Virgin Arm, Newfoundland & Labrador A0G 1P0
$79,900
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:28789)
Property Details
| MLS® Number | 1293297 |
| Property Type | Single Family |
Building
| Bathroom Total | 1 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Appliances | Refrigerator, Stove |
| Constructed Date | 1970 |
| Construction Style Attachment | Detached |
| Exterior Finish | Vinyl Siding |
| Fireplace Fuel | Wood |
| Fireplace Present | Yes |
| Fireplace Type | Woodstove |
| Flooring Type | Other |
| Heating Fuel | Wood |
| Heating Type | Baseboard Heaters |
| Stories Total | 1 |
| Size Interior | 820 Ft2 |
| Type | House |
| Utility Water | Shared Well, Well |
Land
| Acreage | No |
| Sewer | Septic Tank |
| Size Irregular | 95 X 75 X 85 X 70 Ft |
| Size Total Text | 95 X 75 X 85 X 70 Ft|under 1/2 Acre |
| Zoning Description | Residential |
Rooms
| Level | Type | Length | Width | 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 |
https://www.realtor.ca/real-estate/29186792/8-point-road-virgin-arm
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December 16 2025 12:52:37
Newfoundland & Labrador Association of REALTORS®
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