
MLS #1293288
11 Point Road
Virgin Arm
- Property Type
- Single Family
- Listing Agent
- Glenn Gallant
- Brokerage
- Outport Realty Inc. - Grand Falls-Windsor
1 / 12Property Details
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:66441)
Cost To Own
Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.
Amortization
Estimated Monthly Cost
$1,080
Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.
Contact Felix
Speak with Felix about showing times, offer strategy, financing next steps, or whether this property fits your search.
Similar Listings

MLS #1293288
Virgin Arm

MLS #1293300
Virgin Arm

MLS #1297264
Virgin Arm