1 Oceanview Lane, Pollards Point, NL A2H 4W8
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1 Oceanview Lane, Pollards Point, NL A2H 4W8
1 Oceanview Lane, Pollards Point, NL A2H 4W8
1 Oceanview Lane, Pollards Point, NL A2H 4W8
1 Oceanview Lane, Pollards Point, NL A2H 4W8
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Listed by RE/MAX Realty Professionals Ltd. - Deer Lake
$ 164,900
Est. payment /mo
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1 Oceanview Lane Pollards Point, NL A2H 4W8


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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1295813

Style 6-10 Units

Annual Tax Amount $965

Tax Year 2025

Lot Dimensions 8395

Property Sub-Type Multi Family

Source NLAR

Property Description

Looking to expand your rental portfolio or get started in real estate investing? This 6-unit apartment building in Pollards Point offers strong income potential with immediate cash flow.

Featuring 5 two-bedroom units and 1 three-bedroom unit, the property is fully rented, providing consistent rental income from day one. Positioned near the water, tenants can enjoy beautiful ocean views in a quiet coastal setting.

This is an older building that has been priced accordingly, presenting a great value-add opportunity for investors looking to increase equity through renovations and improvements. With room to enhance both rental rates and overall property value, the upside here is significant.

Additional features include available room measurements for all units and an older truck with a plow that the vendor is willing to include—an added bonus for property maintenance.

Whether you're a first-time investor or looking to add to your portfolio, this property offers the perfect combination of cash flow, location, and future potential.

Location

Province NL

Zoning RES

Interior

Heating Electric, Oil, Wood

Cooling Electric, Oil, Wood

Building

Story 2

Foundation Block

Sewer Other

Water Unknown


Megan Dawe

Megan Dawe

Agent

+1(709) 740-3869

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1 Oceanview Lane