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Listed by Century 21 Seller`s Choice Inc.
$ 525,000
Est. payment /mo
Active
1591 Topsail Road Paradise, NL A1L 1S7
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1297650
Style 4 Units
Year Built 1970
Annual Tax Amount $2,100
Tax Year 2026
Lot Dimensions 58 x 88 x 71 x 82
Property Sub-Type Multi Family
Source NLAR
Property Description
Investment opportunity in Paradise. 1591 Topsail Road is a registered four-unit property in one of the town's fastest-growing areas, featuring direct backyard access to the scenic pond trail and excellent convenience. The location places you close to a variety of amenities, restaurants, and the Paradise Town Centre. Families will also appreciate being near schools, with a brand-new high school currently in development, which adds to the long-term appeal of this property. The building includes four fully registered units with electric heat throughout. There are three one-bedroom apartments and one two-bedroom unit with a full bath. Key upgrades have already been completed, including the roof, windows, and half the siding within the last 10 years. One unit still requires significant renovations, creating an excellent opportunity for a buyer who wants to build equity and add value. This property works well for both investors and owner-occupiers. Live in one unit while the others help cover expenses, or renovate the final unit to maximize rental income and transform the building into a strong cash-flowing investment. With direct pond access, a prime location, and steady rental demand, 1591 Topsail Road is priced attractively compared to similar multi-unit properties. Book your viewing today to see the potential for yourself.
Location
Province NL
Zoning Comm. Main St
Interior
Heating Electric
Cooling Electric
Exterior
Exterior Feature Vinyl
Roof Type Shingle - Asphalt
Building
Sewer Municipal
Water Municipal
