CANLVirgin Arm24 Point Road
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24 Point Road, Virgin Arm, NL

House

For Sale

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to see price

410

MLS® 1293300

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1040 sqft
Garage No
Taxes $240
Days Active 0
Lot Size 
Approx. Age 1970
Avg. Price Per Sqft $124
MLS® Number 1293300

Property Address: 24 Point Road, Virgin Arm, NL, A0G1P0

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

Description

Rare Find! Income-Producing 4-Bedroom Home with Exclusive Land Opportunity! Discover this exceptionally beautifully kept 4-bedroom residence, offering spacious living. This property appeals equally to investors seeking stability and future homeowners planning for a move-in. The Investment & Living Advantage: Immediate Stability: The property is currently occupied by reliable tenants who wish to remain, providing immediate rental income for an investor. Spacious & Immaculate: This home is beautifully kept and features four generously sized bedrooms. Heart of the Home: Enjoy the large, inviting spacious living room and a remarkable eat-in kitchen, which serves as the perfect central hub for family life. Newer Storage: Includes a newer 8 x 16 foot wood shed, providing ample, protected outdoor storage. The Crown Land Financial Benefit: What truly sets this property apart is the highly advantageous land tenure: Low Cost & Exclusive Use: The home is situated on Crown Land with a current annual fee of just $50 per year, offering an incredibly low holding cost. Path to Ownership: Modern processes allow the buyer to easily purchase the land outright. This transforms the low-cost lease into a Fee Simple title, significantly increasing the property's equity and long-term value! (Buyer to verify all land purchase details with the appropriate authority) This unique offering provides a well-maintained, cash-flowing asset with the massive added benefit of easily converting the land tenure for maximum future equity and appreciation. Whether you're looking for an immediate investment or planning your family's future home, this property delivers. (id:58753)Show Description
MLS® Number1293300
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1970
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Other:Main Floor8.59 × 6 ft
Bedroom 1:Main Floor10.17 × 12.42 ft
Other:Main Floor8.42 × 5.42 ft
Kitchen:Main Floor12.67 × 14.5 ft
Living Room:Main Floor13.59 × 19.25 ft

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Price History

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  • Commute

Commute

Starting Address
Destination Address
24 Point Road, Virgin Arm, NL

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