13-21 Barnhill Road Baie Verte, Newfoundland & Labrador A0K 1B0

$525,000

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:28789)

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https://www.realtor.ca/real-estate/28444965/13-21-barnhill-road-baie-verte