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8 Magnolia Drive Paradise, Newfoundland & Labrador A1l 1B5

4 Bedroom 2 Bathroom 1152 sqft
Baseboard Heaters Landscaped

$189,900

A beautiful opportunity! Now available in Paradise, an exceptional RARE investment opportunity!! In fact, you may have never heard of such an offering. A mobile-home dwelling that's a registered 2 apartment!! Located on a no-through-fare cul de sac!! This unique style of property is reasonably new, only 12 years old, offering great space with 2 bedrooms and 1 bathroom per unit, and affordably providing attractive POSITIVE income! Each is generating approximately $700 per month rental income!! As an owner occupied property, one can live here renting the other unit and incur minimal accommodation expenses!! With location in sought-after area of Paradise with positive development near new school and all amenities like supermarket, pharmacy, and a medical clinic within a short walking distance. Parks, playgrounds, walking trails and access to main highways close. There are FOUR of these properties here - all situated almost exclusively on their own little street - the only ones around the end/bulb of the street! Investors can enjoy incredible positive rental income in their own little area of town with a more complete package by purchasing EVERY one of them at a discount - see MLS 1229110. These properties have always been attractive, well-loved living environments - SAFE, PEACEFUL, PRACTICAL & AFFORDABLE - all but one unit is rented! With location close to everything, they're a lovely opportunity for many reasons including being ideally priced. Well-maintained with extensive maintenance improvements just finished (including modern foundation white skirting and improvements, new doors, decks stained, painting refreshed). Nice size lots - ask for survey. Not like many mobile homes - these units have 2x6 exterior walls and commercial grade thick vapour barrier, hurricane winds reinforced, built to last, from New Brunswick. For super-affordable living or impressive positive monthly income! Own this real estate and get on the road to wealth! (id:24233)

Property Details

MLS® Number 1229091
Property Type Single Family
Amenities Near By Recreation, Shopping

Building

Bathroom Total 2
Bedrooms Total 4
Appliances Dishwasher, Refrigerator, Washer, Dryer
Constructed Date 2008
Construction Style Attachment Detached
Exterior Finish Vinyl Siding
Fixture Drapes/window Coverings
Flooring Type Laminate, Other
Heating Fuel Electric
Heating Type Baseboard Heaters
Size Interior 1152 Sqft
Type Two Apartment House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Recreation, Shopping
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Irregular 46x148x52x178
Size Total Text 46x148x52x178|4,051 - 7,250 Sqft
Zoning Description Res.

Rooms

Level Type Dimensions
Main Level Laundry Room 5x4
Main Level Bath (# Pieces 1-6) 8x6
Main Level Porch 7.5 x4
Main Level Bedroom 10x8
Main Level Primary Bedroom 13x8
Main Level Kitchen 10x8
Main Level Living Room/dining Room 16x11

https://www.realtor.ca/real-estate/23086580/8-magnolia-drive-paradise

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Rob Burton, Fri

(709) 682-2345
(709) 834-8601
www.robburtonfri.ca/
www.facebook.com/robburtontoday
https://www.linkedin.com/in/robburtontoday/
twitter.com/RobBurtonToday

RE/MAX Infinity Realty Inc.
434 Conception Bay Hwy
Conception Bay South, NF A1X 2B7

(709) 834-2066
(709) 834-8601

Jim Burton

(709) 682-8663
(709) 579-8663
www.infinitynl.ca
jim.burton.180410@facebook.com
ca.linkedin.com/pub/jim-burton/1a/3b/503/
twitter.com/jimburtonnl

RE/MAX Infinity Realty Inc.
434 Conception Bay Hwy
Conception Bay South, NF A1X 2B7

(709) 834-2066
(709) 834-8601

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