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$ 499,000
Est. payment /mo
Active
1591 Topsail Road Paradise, NL A1L1S7
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 1287119
Year Built 1970
Property Sub-Type Freehold
Source Newfoundland & Labrador Association of REALTORS®
Property Description
Welcome to 1591 Topsail Road - A registered four-unit property located in Paradise. Offering an amazing view, and direct backyard access to the Neils Pond trail, this opportunity comes with unbeatable convenience - located just steps away from the Paradise shopping centre, schools, grocery stores, drug stores, and more - making it a fantastic long-term investment. The building consists of four fully registered units, all with electric heat. Three one-bedroom units, and one two-bedroom unit with one bath each. The roof, windows, and half of the siding have also been replaced within the last 10 years. Note that the fourth unit requires extensive renovations, making this the perfect flip opportunity while building equity - Live in one unit and rent out the rest. Let the tenants cover your expenses! And once the fourth unit is fixed up, it becomes an even better investment with extra income. With direct pond access, a prime location, and strong rental demand, this multi-unit property offers incredible potential for both homeowners and investors. (id:24570)
Location
Province NL
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
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