Buying or Selling your House in Western Newfoundland and Labrador

850 Main Road NEW

Pouch Cove, Newfoundland & Labrador

$1,749,500

Quick Summary

Location
Pouch Cove, Newfoundland & Labrador
Price
$1,749,500
Building Type
Multi-Family
Property Type
Other
Status
For sale
Area
14394 sqft
Beds
0
Baths
n/a
Age
n/a
Postal Code
A0A 3L0
MLS®
1299239
Courtesy Of
RE/MAX Infinity Realty Inc. - Sheraton Hotel
Database ID:68271 DDF Feed ID: 29929795 Latitude: 47.777024 Longitude: -52.765172

Property Description

Exceptional opportunity to acquire a well-maintained 13-unit residential complex offering immediate income and long-term investment potential. The property consists of 9 spacious two-bedroom townhouses, 3 one-bedroom condo-style apartments, and 1 detached two-bedroom home with an attached garage, providing a diverse rental mix attractive to a wide range of tenants. Each townhouse, approximately 1,400 sq. ft., features a bright and functional layout with a welcoming living room, eat-in kitchen, and convenient powder room on the main level, while the upper floor includes two generously sized bedrooms and a full bathroom. The condo-style apartments, approximately 595 sq. ft., offer comfortable one-bedroom living with an open living area, kitchen, and full bathroom. Completing the complex is a detached two-bedroom home with attached garage, ideal as an on-site property manager's residence or an additional rental unit. All units are currently leased, generating approximately $15,000 per month in gross rental income, making this a turnkey investment opportunity. The property also offers ample parking for tenants and guests, an on-site greenhouse, and beautiful ocean views from msot units. Whether you're looking to expand your portfolio or secure a high-performing multi-unit asset, this property delivers excellent income, strong occupancy, and future potential. Immediate possession available. Don't miss this rare opportunity! *Any applicable HST will be the sole responsibility of the purchaser. (id:47053)

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Building Information

  • Building Type: Multi-Family
  • Area: 14394 sqft
  • Baseboard heaters
  • Electric Heat
  • Vinyl siding
  • Flooring: Mixed Flooring
  • Poured Concrete foundation
  • Municipal water

Full Details

MLS® Number:1299239
Ownership Type:Freehold
Price:$1,749,500
Property Type:Other
Transaction Type:For Sale
Zoning Description:Res.
More Information Link: https://www.realtor.ca/real-estate/29929795/850-main-road-pouch-cove

Size Total Text:0.77 acres|.5 - 9.99 acres
Sewer:Municipal sewage system
Size Irregular:0.77 acres

Bedrooms Above Ground:0
Bedrooms Below Ground:0
Bedrooms Total:0
Constructed Date:2016
Exterior Finish:Vinyl siding
Flooring Type:Mixed Flooring
Foundation Type:Poured Concrete
Heating Fuel:Electric
Heating Type:Baseboard heaters
Size Interior:14394 sqft
Type:Multi-Family
Utility Water:Municipal water
Listing information last updated on 2026-06-19 16:03:25 -0230
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