Buying or Selling your House in Western Newfoundland and Labrador

1 Oceanview Lane NEW

Pollards Point, Newfoundland & Labrador

$199,000

Quick Summary

Location
Pollards Point, Newfoundland & Labrador
Price
$199,000
Building Type
Multi-Family
Property Type
Other
Status
For sale
Area
n/a
Beds
0
Baths
n/a
Age
n/a
Postal Code
A2H 4W8
MLS®
1295813
Courtesy Of
RE/MAX Realty Professionals Ltd. - Deer Lake
Database ID:65065 DDF Feed ID: 29566466 Latitude: 49.743811 Longitude: -56.91039

Property Description

Looking to expand your rental portfolio or get started in real estate investing? This 6-unit apartment building in Pollards Point offers strong income potential with immediate cash flow. Featuring 5 two-bedroom units and 1 three-bedroom unit, the property is fully rented, providing consistent rental income from day one. Positioned near the water, tenants can enjoy beautiful ocean views in a quiet coastal setting. This is an older building that has been priced accordingly, presenting a great value-add opportunity for investors looking to increase equity through renovations and improvements. With room to enhance both rental rates and overall property value, the upside here is significant. Additional features include available room measurements for all units and an older truck with a plow that the vendor is willing to include—an added bonus for property maintenance. Whether you’re a first-time investor or looking to add to your portfolio, this property offers the perfect combination of cash flow, location, and future potential. (id:47053)

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Building Information

  • Building Type: Multi-Family
  • Electric, Oil, Wood Heat
  • Block foundation
  • Unknown

Full Details

MLS® Number:1295813
Ownership Type:Freehold
Price:$199,000
Property Type:Other
Transaction Type:For Sale
Zoning Description:RES
More Information Link: https://www.realtor.ca/real-estate/29566466/1-oceanview-lane-pollards-point

Size Total:8395.0000|7,251 - 10,889 sqft
Size Total Text:8395.0000|7,251 - 10,889 sqft
Acreage:true
Size Irregular:8395

Bedrooms Above Ground:0
Bedrooms Below Ground:0
Bedrooms Total:0
Constructed Date:2026
Foundation Type:Block
Heating Fuel:Electric, Oil, Wood
Type:Multi-Family
Utility Water:Unknown
Listing information last updated on 2026-04-07 15:22:49 -0230
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