8 Point Road Virgin Arm, NL A0G 1P0
Listing Courtesy of:  CREA / Listed By: Outport Realty Inc. Grand Falls-Windsor

  8 Point Road Virgin Arm, NL A0G 1P0

Active (256 Days)
$50,443 (USD)
3
BED
1
BATH
820
SQFT

Description

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:41440)

MLS®:
1293297
Taxes
$240
Type
Single-Family Home
Year Built
1970

Listed By

Glenn Gallant, Outport Realty Inc. Grand Falls-Windsor
Source
CREA
Last checked Aug 28 2026 at 9:13 PM EDT
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Refrigerator
  • Stove
Property Features
  • Fireplace: Woodstove
  • Fireplace: Total: 1
  • Fireplace: Wood
Heating and Cooling
  • Baseboard Heaters
  • Wood
Flooring
  • Other
Exterior Features
  • Vinyl Siding
  • Roof: Unknown
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Septic Tank
Stories
  • 1
Living Area
  • 820 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 03, 2026
Price Changed
$69,900
-13%
-$10,000
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/28/26 14:13