142 Lincoln Road Grand Falls/winsor, Newfoundland & Labrador A2A 1P4

2,460 ft2

$124,900

Welcome to 142 Lincoln Road, a solid income-generating four-unit property located in the heart of Grand Falls-Windsor. This fully occupied building features four one-bedroom units, making it an excellent turnkey investment opportunity. The property generates $1,975 per month in rental income, with tenants paying their own utilities, helping to keep operating expenses low. Each one-bedroom unit offers comfortable living space, and the property benefits from a strong rental history with consistent tenant demand. Conveniently located near schools, shopping, and other amenities, this multi-unit property provides immediate cash flow and reliable income potential. Ideal for both seasoned investors and those looking to enter the rental market. (id:47656)

Property Details

MLS® Number 1293940
Property Type Single Family

Building

Appliances Refrigerator, See Remarks, Stove
Constructed Date 1920
Construction Style Attachment Detached
Flooring Type Marble, Carpeted, Ceramic
Heating Fuel Electric
Size Interior 2,460 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 50x140
Size Total Text 50x140|under 1/2 Acre
Zoning Description Res

https://www.realtor.ca/real-estate/29280229/142-lincoln-road-grand-fallswinsor

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