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:13843)
| MLS # | 1301099 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-family |
| Status | Active |
| Year | 1920 |
| Days On Site | 99 |
| Listing Provided By | EXIT Realty Aspire | Devon Sparkes |
| SQ Feet | 2,460 |
|---|---|
| Zoning | Res |
| Heating | Electric |
|---|---|
| Appliances | Refrigerator, Stove, See remarks |
| Fireplace Yes / No | No |
| Roof | Asphalt shingle, Unknown |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3843 |
|---|---|
| Tax Year | 2025 |
| Province | NL |
|---|---|
| City | Grand Falls/Winsor |
| Postal Code | A2A1P4 |
| Listing VS Median (in A2A1P4) | |
Price: $124,900 low | high Med: $124,900 sqft: 2,460 low | high Med: 2,460 $ / sqft: $51 low | high Med: $51 On site: 99 low | high Med: 99 | |
| Province | NL |
|---|---|
| City | Grand Falls/Winsor |
| Postal Code | A2A1P4 |
| Listing VS Median (in A2A1P4) | |
Price: $124,900 low | high Med: $124,900 sqft: 2,460 low | high Med: 2,460 $ / sqft: $51 low | high Med: $51 On site: 99 low | high Med: 99 | |