8 Magnolia Drive
Paradise, Newfoundland and Labrador, A1L1B5, Canada
Please do not visit without confirmation.
Approx. price(Nov 2021):
$189,900
| Building type: | Two Apartment House |
| Building style: | Detached |
| Land Size: | 46x148x52x178 |
| Floor Space: | 1152 sqft |
| Bathrooms: | 2 |
| Bedrooms: | 4 |
| Heating Type / Fuel: | Baseboard heaters, (Electric) |
| Exterior: | Vinyl siding |
| Water: | Municipal water |
Property Description
Two Apartment House for sale in Paradise located in 8 Magnolia Drive , Newfoundland and Labrador, A1L1B5, Canada. This Two Apartment House have 4 bedrooms and 2 bathrooms. This property listing building style is Detached. For all the rest of the information we have about this property in Paradise , see above.
Now available in Paradise, an exceptional RARE investment opportunity! In fact, you may have never heard of such an offering. A mobile dwelling that's a registered 2 apartment! Located on a no-through-fare cul de sac! This unique style of property is reasonably new, only 12 years old, offering great space with 2 bedrooms and 1 bathroom per unit, and affordably providing attractive POSITIVE income! Each is generating approximately $700 per month rental income! As an owner occupied property, one can live here renting the other unit and incur minimal accommodation expenses! With location in sought-after area of Paradise with positive development near new school and all amenities like supermarket, pharmacy, and a medical clinic within a short walking distance. Parks, playgrounds, walking trails and access to main highways close. There are FOUR of these properties here - all situated almost exclusively on their own little street - the only ones around the end/bulb of the street! Investors can enjoy incredible positive rental income in their own little area of town with a more complete package by purchasing EVERY one of them at a discount - see MLS 1229110 (to be listed soon). These properties have always been attractive, well-loved living environments - SAFE, PEACEFUL, PRACTICAL and AFFORDABLE - all but one unit is rented! With location close to everything, they're a lovely opportunity for many reasons including being ideally priced. Well-maintained with some further maintenance improvements underway (including modern white foundation skirting as shown, decks to be stained, painting refreshed). Nice size lots - ask for survey. For super-affordable living or impressive positive monthly income! Own this real estate - it is the road to wealth!
