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$ 499,000
Est. payment | /mo
$ 499,000
Est. payment | /mo
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 1281633
Originating Board Newfoundland & Labrador Association of REALTORS®
Year Built 1970
Property Sub-Type Freehold
Property Description
Opportunities like this don't come around often! 1591 Topsail Road is a registered four-unit property in one of Paradise's fastest-growing areas, offering direct backyard access to the pond trail and unbeatable convenience. Located just steps from the new Sobeys, Starbucks, Shoppers Drug Mart, Dollarama, restaurants, and the Paradise town center, this property is also near the new elementary and junior high schools, with a brand-new high school on the way—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. The roof, windows, and half the siding have been replaced within the last 10 years, so some major upgrades are already complete. However, the fourth unit requires extensive renovations, making this a perfect opportunity for someone handy and looking to build equity. For someone looking to live in one unit while renting out the others, this property is an excellent way to cover your expenses and live for free. And once the fourth unit is renovated, it becomes a cash-flowing investment, adding even more value. With direct pond access, a prime location, and strong rental demand, 1591 Topsail Road is priced below typical multi-unit properties—offering incredible potential for both homeowners and investors. Don't miss out—book your viewing today! (id:24570)
Location
Province NL
Interior
Flooring Ceramic Tile, Laminate
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Realty Specialists
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