Welcome to 1591 Topsail Road - A registered four-unit property located in Paradise. Offering an amazing view, and direct backyard access to the Neils Pond trail, this opportunity comes with unbeatable convenience - located just steps away from the Paradise shopping centre, schools, grocery stores, drug stores, and more - making it a fantastic long-term investment. The building consists of four fully registered units, all with electric heat. Three one-bedroom units, and one two-bedroom unit with one bath each. The roof, windows, and half of the siding have also been replaced within the last 10 years. Note that the fourth unit requires extensive renovations, making this the perfect flip opportunity while building equity - Live in one unit and rent out the rest. Let the tenants cover your expenses! And once the fourth unit is fixed up, it becomes an even better investment with extra income. With direct pond access, a prime location, and strong rental demand, this multi-unit property offers incredible potential for both homeowners and investors. (id:4069)
Address
1591 Topsail Road
List Price
$499,000
Property Type
Single Family
Type of Dwelling
Multi-Family
Transaction Type
sale
Area
Newfoundland & Labrador
Sub-Area
Paradise
Lot Size
58x88x71x82 Sq. Ft.
Year Built
1970
MLS® Number
1287119
Listing Brokerage
Royal LePage Atlantic Homestead
Postal Code
A1L1S7
Zoning
res
