7 Blackwood Drive
Gander, Newfoundland & Labrador A1V2K7

3 beds · 1 bath · 1650 sqft

**Charming 2-Storey Home with Old-World Character** This delightful 2-storey home, filled with old-world charm, is a fantastic investment opportunity. Located on a desirable corner lot in a peaceful and lovely neighborhood, this property currently generates $1,100 per month in rental income and is actively rented, offering immediate returns. While the home does need some TLC, it holds tremendous potential for transformation. With a few upgrades, this property could be turned into a beautiful family home that retains its unique character while offering modern comforts. The spacious layout, combined with an unfinished basement, offers endless possibilities for additional living space, storage, or a personalized project to suit your needs. The home is equipped with a 200 amp panel, ensuring ample electrical capacity for any future upgrades or additions. Situated in a convenient location close to local amenities, schools, and parks, this property is an attractive option for both investors and homeowners. Don’t miss out on the chance to invest in a property with excellent income potential and the opportunity to create a stunning family home. (id:39198)

Facts & Features

Building Type House

Year built 1938

Square Footage 1650 sqft

Stories 2

Bedrooms 3

Bathrooms 1

Parking

Neighbourhood

Land size 57 X 58 X 85 X 96|under 1/2 acre

Heating type Hot water radiator heat, Radiant heat

Basement type

Parking Type

Time on REALTOR.ca32 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 Turner Realty 2014 Inc

Powered by: REALTOR.ca

Home price

$150,000

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.

$1,371 / month

Rent $1,269

Savings $102

Initial deposit 2%

Savings target Fixed at 5%

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

$1,280 / month

Rent $1,247

Savings $33

Initial deposit 5%

Savings target Fixed at 5%

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