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CANLConception Bay South42 Uplands Rd
42 Uplands Rd, Home with 0 bedrooms, 0 bathrooms and null parking in Conception Bay South NL | Image 1
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$374,900
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42 Uplands Rd, Conception Bay South, NL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 3250 sqft
Garage No
Taxes $1,600
Days Active 5
Lot Size 
Approx. Age 1965
Avg. Price Per Sqft $115
MLS® Number 1288243

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Incredible Investment Opportunity – Fully Rented 4-Unit Property on Massive Double Lot! Don't miss this rare chance to own a registered four-unit income property situated on a spacious double lot, offering both current income and future development potential. Each of the four units features its own private entrance and separate utility meters, ensuring ease of management and privacy for tenants. All rents are POU (Pay Own Utilities), which significantly reduces your operating expenses and increases net income. Currently bringing in $2, 950/month, this property is under-rented, presenting a great opportunity for increased cash flow with future rent adjustments. With strong tenant demand and no vacancies in recent years, this is a proven performer in a reliable rental market. The building has been well maintained by conscientious ownership, making it a solid, turnkey investment. The oversized lot provides ample parking, outdoor space, or possible room for expansion to the existing building. Whether you're a seasoned investor or just entering the market, this property offers excellent value, upside potential, and long-term stability. One could live in either unit, rent the other three, and live rent free forever. (id:58753)Show Description
MLS® Number1288243
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1965
Basement
Driveway
Garage Spaces
HeatBaseboard heaters, Electric
A/C
Heating Fuel

Extras

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