15 Forest Road

Property Description

Two Apartment House for sale in Conception Bay South located in 15 Forest Road , Newfoundland and Labrador, A1X6J6, Canada. This Two Apartment House have 4 bedrooms and 2 bathrooms. This property listing building style is Detached-Bungalow. For all the rest of the information we have about this property in Conception Bay South , see above.

INVESTMENT OPPORTUNITY! This is your unique chance to invest at historically low interest rates and pick up a great cash flowing investment property! This 2-apartment home in sunny CBS boasts features that are highlightly appealing to would-be-tenants, including. separate driveways, completely separate units each with own laundry, all appliances included, porches, storage rooms, over-sized lot with mature trees and plenty of privacy, main floor unit with newly installed mini-split heat pump, walk-out basement unit with two entrances, separate electrical meters, and electric heat. Floor plans included in photos. Additional peace-of-mind upgrades include. air exchangers (HRVs) in both units, weeping tile has been installed around the perimeter of the property in the last 10 years, updated windows and new front patio. Roof is ~20 years old, reflected in price. The main unit is currently occupied by a long-term tenant that wishes to stay for $850 POU. The basement unit is recently vacant and has been freshly updated with newer kitchen cabinets and has historically rented for $750 POU. Property and water taxes are ~ $ 2, 691.51 per year. With a 20% down mortgage at 1.99% (some are finding 1.69%) youre looking at mortgage payments of just $694/month*! Providing plenty of cash flow for reserves and passive income! Pick up this opportunity today before youre sorry its gone! 24 hours notice required to view main unit. (*These numbers are for illustration purposes only. Purchaser to speak with mortgage professional).