201 Main Street, Springdale
- Bedrooms: 9
- Bathrooms: 6
- Living area: 3670 square feet
- Type: Apartment
- Added: 63 days ago
- Updated: 3 days ago
- Last Checked: 11 hours ago
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. (id:1945)
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Property Details
- Heating: Baseboard heaters, Electric
- Year Built: 1980
- Structure Type: Two Apartment House
- Exterior Features: Vinyl siding
- Foundation Details: Concrete
- Architectural Style: 2 Level
Interior Features
- Flooring: Laminate, Other
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
- Living Area: 3670
- Bedrooms Total: 9
- Bathrooms Partial: 2
Exterior & Lot Features
- Water Source: Municipal water
- Lot Size Dimensions: 94+50x77+81x59x62x72
Location & Community
- Common Interest: Freehold
Utilities & Systems
- Sewer: Municipal sewage system
Tax & Legal Information
- Tax Year: 2024
- Tax Annual Amount: 2746
- Zoning Description: Mixed
Room Dimensions
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