1 Oceanview Lane Pollards Point, Newfoundland & Labrador A2H 4W8
$199,000
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. (id:49203)
Property Details
| MLS® Number | 1295813 |
| Property Type | Other |
Building
| Constructed Date | 2026 |
| Foundation Type | Block |
| Heating Fuel | Electric, Oil, Wood |
| Type | Multi-family |
| Utility Water | Unknown |
Land
| Acreage | Yes |
| Size Irregular | 8395 |
| Size Total | 8395.0000|7,251 - 10,889 Sqft |
| Size Total Text | 8395.0000|7,251 - 10,889 Sqft |
| Zoning Description | Res |
https://www.realtor.ca/real-estate/29566466/1-oceanview-lane-pollards-point
Contact Us
Contact us for more information
Bree Anstey
10 Church Street
Deer Lake, Newfoundland & Labrador A8A 1E1
(709) 635-6000
(709) 635-7077
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 07 2026 05:52:49
Newfoundland & Labrador Association of REALTORS®
RE/MAX Realty Professionals Ltd. - Deer Lake