Buying or Selling your House in Western Newfoundland and Labrador

13-21 Barnhill Road

Baie Verte, Newfoundland & Labrador

$525,000

Quick Summary

Location
Baie Verte, Newfoundland & Labrador
Price
$525,000
Building Type
Other
Property Type
Other
Status
For sale
Area
7100 sqft
Beds
20
Baths
10
Age
n/a
Postal Code
A0K 1B0
MLS®
1285236
Courtesy Of
Keller Williams Platinum Realty - Grand Falls
Database ID:55469 DDF Feed ID: 28444965 Latitude: 49.936395 Longitude: -56.201593

Property Description

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:47053)

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Building Information

  • Building Type: Other
  • 20 Beds
  • 10 Baths
  • Area: 7100 sqft
  • Baseboard heaters
  • Electric Heat
  • Other, Vinyl siding
  • Flooring: Mixed Flooring
  • Concrete foundation
  • Municipal water

Full Details

MLS® Number:1285236
Ownership Type:Freehold
Price:$525,000
Property Type:Other
Transaction Type:For Sale
Zoning Description:RES
More Information Link: https://www.realtor.ca/real-estate/28444965/13-21-barnhill-road-baie-verte

Size Total Text:233 X 157|under 1/2 acre
Sewer:Municipal sewage system
Size Irregular:233 X 157

Bathroom Total:10
Bedrooms Total:20
Appliances:Refrigerator, Stove, Washer, Dryer
Constructed Date:1980
Exterior Finish:Other, Vinyl siding
Flooring Type:Mixed Flooring
Foundation Type:Concrete
Half Bath Total:0
Heating Fuel:Electric
Heating Type:Baseboard heaters
Size Interior:7100 sqft
Type:Other
Utility Water:Municipal water

Level Type Dimensions
Other Other 1600 ft x Measurements not available
Listing information last updated on 2025-06-10 14:12:45 -0230
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