For Sale: 8 Point Road, Twillingate, NL

About this home

Investment Gold: Turnkey 3-Bedroom Home with Instant Cash Flow! Attention investors! Secure a highly desirable, well-kept 3-bedroom rental that delivers exceptional returns from day one. This property is a testament to solid maintenance and offers strong tenant appeal, making it a truly resilient investment. Key Investment & Property Features: Immediate Capital Flow: The unit is occupied by reliable, long-standing tenants who wish to remain, ensuring a seamless acquisition and guaranteed, uninterrupted income immediately upon closing. High-Demand Rental: The 3-bedroom configuration is a prime market segment, attracting stable, long-term tenants (families or groups) and commanding competitive rental rates. Tenant Appeal & Comfort: Tenants benefit from the cozy efficiency of wood heat, supplemented by reliable baseboard electric—a popular and cost-effective heating solution. Condition: The property is described as well kept, indicating pride of ownership and minimizing immediate maintenance concerns for the investor. Unique Bonus Amenity: A versatile outdoor wood shed/man cave provides extra storage and flexible space, adding significant value and appeal to the current tenant. Investment Highlight: This is a fantastic ""set-it-and-forget-it"" investment. It's a cash-flowing asset where the heavy lifting (finding and keeping tenants) is already done. Start earning immediately! Don't miss this chance to add a stable, high-yield asset to your portfolio. (id:63626)

Listed by: Glenn Gallant, Outport Realty Inc. - Grand Falls-Windsor

Home facts and features

Price details

List Price

$69,900

Gross Taxes for 2026

$240

Home facts

Bedrooms

Full Bathrooms

Property Type

House

Depth

Year Built

Built in 1970 (56 yrs old)

Title

Freehold

Exterior Finish

Vinyl siding

Heating Type

Baseboard heaters, Wood

Appliances

Refrigerator, Stove

Agent details

Primary Agent

Glenn Gallant

Primary Broker

Outport Realty Inc. - Grand Falls-Windsor

Listing details

Days on REW

318 Days

MLS® Number

1293297

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

2 Schools are within 6km

Twillingate Island Elementary School

n/a
K - 6
In Catchment

J.M. Olds Collegiate

n/a
7 - 13
In Catchment

8 Point RoadTwillingate, NL, A0G 1P0