Discover an exciting investment opportunity in the picturesque seaside community of Chance Cove, Trinity Bay! Located just steps from the ocean, this versatile three-unit property offers the perfect combination of coastal charm, numerous updates, and excellent income-generating potential. Featuring one two-bedroom unit and two one-bedroom units, the property provides flexibility for a variety of rental arrangements. One unit is currently occupied by a long-term tenant, while the remaining two offer exciting potential for short-term vacation rentals, Airbnb-style accommodations, or long-term leasing. Designed with convenience and independent living in mind, each unit features its own private entrance, separate electrical meter, and in-unit laundry, making the property appealing for investors seeking flexibility and simplified rental management. Numerous updates completed in 2020/2021 include siding, roof covering, windows, exterior doors, and bathrooms. Updated light fixtures throughout all three units add to the property's overall appeal. Enjoy incredible ocean views from the deck, where you can take in the beauty of Newfoundland's rugged coastline and peaceful seaside surroundings. This scenic setting adds to the property's appeal as a potential vacation rental, offering guests the opportunity to experience the natural beauty and charm of coastal Newfoundland. Nestled along the shores of Trinity Bay, Chance Cove is known for its spectacular coastal scenery, rugged shoreline, and popular coastal hiking trail. With its peaceful outport atmosphere and beautiful natural surroundings, the community offers an appealing setting for visitors looking to experience the charm and beauty of coastal Newfoundland. Whether you're looking to expand your investment portfolio, explore the vacation rental market, or have your own coastal getaway with the added benefit of rental income, this unique property offers flexibility and exciting possibilities in a beautiful seaside setting. (id:13843)
| MLS # | 1304850 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1976 |
| Days On Site | 15 |
| Listing Provided By | Keller Williams Platinum Realty | Matthew Russell |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,110 |
| Zoning | RES |
| Water Front | Yes |
| Property View | Ocean view, View |
| Heating | Baseboard heaters, Electric |
|---|---|
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | No |
| Roof | Asphalt shingle, Unknown |
|---|---|
| Foundation Details | Concrete |
| Sewer | Septic tank |
|---|---|
| Water Source | Community Water System |
| Tax Annual Amount | 1306 |
|---|---|
| Tax Year | 2026 |
| Province | NL |
|---|---|
| City | Chance Cove |
| Postal Code | A0B1K0 |
| Listing VS Median (in A0B1K0) | |
Price: $239,900 low | high Med: $319,450 sqft: 2,110 low | high Med: 1,907 $ / sqft: $114 low | high Med: $174 On site: 15 low | high Med: 13.5 | |
| Province | NL |
|---|---|
| City | Chance Cove |
| Postal Code | A0B1K0 |
| Listing VS Median (in A0B1K0) | |
Price: $239,900 low | high Med: $319,450 sqft: 2,110 low | high Med: 1,907 $ / sqft: $114 low | high Med: $174 On site: 15 low | high Med: 13.5 | |