3 Morley’S Lane
Broad Cove, Newfoundland & Labrador A0B1P0

6 beds · 3 baths · 2016 sqft

This unique property presents an excellent opportunity for savvy investors. It consists of three fully equipped units, each featuring two bedrooms, one bathroom, laundry facilities, a cozy dining nook, a well-appointed kitchen, and a comfortable living area. With no property taxes and year-round access, this investment stands out in the market. Key Features: Each unit offers ample space, making it perfect for families or groups. There's plenty of parking available to accommodate guests, ensuring convenience and accessibility for everyone. The large lawn is a versatile space that can be transformed into a recreational area. Imagine a fire pit for evening gatherings, a horseshoe pit for friendly competition, or even a hot tub for relaxation under the stars. The possibilities are truly endless. Rental Potential: This property is ideal for various rental strategies. Whether you choose to operate it as an Airbnb or pursue short-term or long-term rentals, the demand in this area makes it a promising investment. With its attractive amenities and location, you’re likely to see a strong return on investment. Prime Location: Situated just minutes away from the Dildo Boathouse Inn and Dildo Brewery, this property is in a prime tourist spot. It’s also only 15 minutes from Pitchers Pond Golf Course, making it a fantastic base for golf enthusiasts. For those who love the outdoors, the surrounding area offers a wealth of activities, including walking trails, boating, skidooing, and access to local microbreweries. This property is not just an investment; it's a gateway to a lifestyle and community that appeals to both visitors and locals alike. Don't miss out on this exceptional opportunity to own a desirable rental property in a vibrant area. Contact us today for more information and to schedule a viewing. (id:39198)

Facts & Features

Building Type House

Year built 1985

Square Footage 2016 sqft

Stories 1

Bedrooms 6

Bathrooms 3

Parking

Neighbourhood

Land size 3/4 acre|.5 - 9.99 acres

Heating type

Basement type

Parking Type

Time on REALTOR.ca63 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: Royal LePage Atlantic Homestead

Powered by: REALTOR.ca

Home price

$179,900

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$1,681 / month

Rent $1,530

Savings $150

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$1,535 / month

Rent $1,495

Savings $39

Initial deposit 5%

Savings target Fixed at 5%

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