For Sale: 11 Point Road, Twillingate, NL - REW
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$49,900
1 bd • 1 ba • 770 sf • House
11 Point Road
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$49,900

11 Point RoadTwillingate, NL, A0G 1P0

  • 1 Bed
  • 1 Bath
  • 770 Sqft
  • House

About this home

Prime Investment Alert! Immediate Cash Flow Opportunity! This is your chance to acquire a turnkey rental property and enter the real estate investment market with confidence! Located in a desirable area, this property is poised to deliver outstanding returns from day one. Key Investment Highlights: Instant Income: The property includes a long-standing, reliable tenant who wishes to remain, ensuring immediate, uninterrupted rental income and returning capital from the moment of closing. Expansion Potential: Don't just settle for one unit! A dedicated (approximately 300 downstairs with potential on the second floor) storage area is situated beside the existing apartment. This space was originally slated for conversion into a second rental unit (e.g., a studio or 1-bedroom suite). This offers a clear path to significantly boosting your ROI through future value-add development (subject to municipal approvals). Hassle-Free Transition: Benefit from an established tenancy, eliminating the time and expense of marketing, screening, and initial leasing. Don't miss out on this exceptional chance to secure a cash-flowing asset with built-in potential for future revenue growth. (id:63626)
Listed by: Glenn Gallant, Outport Realty Inc. - Grand Falls-Windsor

Home facts and features

Price details
List Price
$49,900
Gross Taxes for 2026
$240
Home facts
Bedrooms
1
Full Bathrooms
1
Property Type
House
Depth
Year Built
Built in 1970 (56 yrs old)
Title
Freehold
Exterior Finish
Vinyl siding
Heating Type
Electric
Appliances
Refrigerator, Stove
Agent details
Primary Agent
Primary Broker
Outport Realty Inc. - Grand Falls-Windsor
Listing details
Days on REW
318 Days
MLS® Number
1293288
Source
Canadian Real Estate Association

Mortgage Calculator

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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Twillingate Island Elementary School
  • n/a
  • K - 6
  • In Catchment
J.M. Olds Collegiate
  • n/a
  • 7 - 13
  • In Catchment
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Call Agent
Glenn Gallant
Phone:
(709) 486-8006
Office:
709-383-4990
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