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Springdale
201 Main Street
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201 Main Street $274,999
$274,999
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201 Main Street
Springdale, Newfoundland & Labrador A0J1T0

MLS® Number: 1276880
9
Bedrooms
6
Bathrooms
3670
Square Feet

Listing Description

Introducing an outstanding investment opportunity at 201 Main Street, Springdale, NL, a remarkable block of units with a blend of residential and commercial prospects. Perfect for the business-savvy investor, first-time homebuyers looking to maximize their purchase, or those seeking to dive into the property market with a sound income-producing asset. This impressive property boasts a substantial nine bedrooms and four full and two half bathrooms across a mix of accommodations, including a three-bedroom house and three additional rental units. Each unit exudes charm with dark wood cabinets, stylish laminate and ceramic flooring, and benefits from modern vinyl siding and windows, ensuring low maintenance and attractive living spaces. Investors will appreciate the mixed zoning, which presents a unique chance to live in one unit while operating a business from another, or simply to maximize rental income across the board. The three-bedroom house is currently tenanted, providing immediate income, while the remaining units offer the potential for further financial reward. For those who desire to live mortgage-free, this is the perfect opportunity. By residing in one unit and leasing out the others, you could effectively live rent-free. With many upgrades throughout the property, this offering is not only turnkey but also a wise investment for the future, selling for below assessed value. With a centrally located address, ample parking for eight plus vehicles, and the allure of significant income potential, this property is poised to be a savvy addition to any portfolio or a smart start for those entering the housing market. Don't miss the chance to secure this multifaceted gem in the heart of Springdale. (28632489)

Property Summary

Property Type
Single Family
Building Type
Two Apartment House
Square Footage
3670 sqft
Title
Freehold
Land Size
94+50x77+81x59x62x72|under 1/2 acre
Built in
1980
Annual Property Taxes
$2,746
Time on REALTOR.ca
74 days

Building

Bathrooms
Total
6
Partial
2
Interior Features
Appliances Included
Dishwasher, Refrigerator, Microwave, Stove, Washer, Dryer
Flooring
Laminate, Other
Building Features
Foundation Type
Concrete
Architecture Style
2 Level
Rental Equipment
None
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Amenities Nearby
Highway, Recreation, Shopping

Measurements

Square Footage
3670 sqft

Rooms

MetricImperial
Main level
Bath (# pieces 1-6)
Bedroom
Bedroom
Living room
Not known
Foyer
Bath (# pieces 1-6)
Dining room
Kitchen
Living room/Fireplace
Foyer
Second level
Bath (# pieces 1-6)
Other
Ensuite
Primary Bedroom
Bedroom
Bedroom
Lower level
Not known
Not known
Not known
Not known
Bath (# pieces 1-6)
Not known
Not known
Not known

Land

Other Property Information
Zoning Description
Mixed
Data provided by: Newfoundland & Labrador Association of REALTORS® 28 Logy Bay Road, St John's, Newfoundland & Labrador A1A 1J4
709-572-8258
709-893-2158
REALTOR® Website
Email
Book showing
Outport Realty Inc. - Grand Falls-Windsor
Brokerage
50 High St., 2nd floor #3
Grand Falls-Windsor, Newfoundland & Labrador A2A1C6
709-893-2160
Office Website

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