Listing ID: 1293288  
$59,900

11 Point Road

Outport Realty Inc. - Grand Falls-Windsor

11 Point Road, Virgin Arm, Newfoundland & Labrador, A0G1P0
Bathrooms1 Bedrooms1
Property TypeSingle Family Built in1970
Building Area770 sqft

Prime Investment Alert! Immediate Cash Flow Opportunity! This is your chance to acquire a turnkey rental property and enter the real estate investment market with confidence! Located in a desirable area, this property is poised to deliver outstanding returns from day one. Key Investment Highlights: Instant Income: The property includes a long-standing, reliable tenant who wishes to remain, ensuring immediate, uninterrupted rental income and returning capital from the moment of closing. Expansion Potential: Don't just settle for one unit! A dedicated (approximately 300 downstairs with potential on the second floor) storage area is situated beside the existing apartment. This space was originally slated for conversion into a second rental unit (e.g., a studio or 1-bedroom suite). This offers a clear path to significantly boosting your ROI through future value-add development (subject to municipal approvals). Hassle-Free Transition: Benefit from an established tenancy, eliminating the time and expense of marketing, screening, and initial leasing. Don't miss out on this exceptional chance to secure a cash-flowing asset with built-in potential for future revenue growth. (id:10648)


Details
GarageNo CarportNo
Attached GarageNo Open ParkingNo
WaterfrontNo ViewNo
Building
FlooringCarpeted,Laminate CoolingNo
Heating FuelElectric Levels1
PoolNo SewerSeptic tank
Stories1
Level Type Dimensions
Main levelFoyer5 x 11 ft
Main levelFamily room8.5 x 17.6 ft
Main levelKitchen10 x 7 ft
Main levelBath (# pieces 1-6)3 x 12 ft
Main levelBedroom6 x 10 ft

Listing Office: Outport Realty Inc. - Grand Falls-Windsor

Data Provided by Newfoundland & Labrador Association of REALTORS®

Last Modified :Mon, 02 Feb 2026 16:44:35 GMT

Map
Street View

Agent Details

Powered by SoldPress.

Terms of Use Agreement

Terms of Use

This website is operated by RE/MAX Central Real Estate Ltd., a national who is a member of The Canadian Real Estate Association (CREA).  The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, [insert broker/REALTOR® name], and CREA.  

Copyright

The content on this website is protected by copyright and other laws, and is intended solely for the private, non‐commercial use by individuals.  Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, “screen scraping”, "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By‐ Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer

The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or   accuracy.

Amendments

RE/MAX Central Real Estate Ltd. may at any time amend these Terms of Use by updating this posting.   All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.