19-21 Bowater Avenue Lewisporte, Newfoundland & Labrador A0G 3A0

$325,000

Multi-Unit Fourplex in Lewisporte — Great Investor Opportunity This centrally located fourplex in Lewisporte sits in a friendly community with short distances to recreational facilities, ball fields, basketball courts, playgrounds, and schools, offering residents convenient access to essential amenities. All units are currently rented, providing immediate cash flow for investors. The property comprises two 3-bedroom, 1-bath units and two 1-bedroom +1 room, 1-bath units, each with its own 125-amp service panel upgrades recently completed, ensuring modern electrical standards and reliability. Investors will appreciate the solid rental demand in this area, plus the potential for upkeep savings and long-term value growth. The layout supports a mix of tenants, and the proximity to schools and recreational options can help maintain occupancy and drive steady income. In addition to the strong current rental performance, Lewisporte’s tight housing market and community-oriented lifestyle present opportunities for future appreciation as demand for well-maintained, centrally located rental properties continues to grow. This turnkey opportunity offers immediate income with room for future upside through strategic property management and potential improvements. (id:17991)

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https://www.realtor.ca/real-estate/29486565/19-21-bowater-avenue-lewisporte