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122 Main Street
homes for sale · Twillingate
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$359,000

122 Main Street

Twillingate · MLS® 1297311

34

2,959 sq ft · Condo · Single Family · built 1900 · 166 days on market

listed by Bradley Waye, Outport Realty Inc. - Grand Falls-Windsor

realtor's description

Waterfront Investment Opportunity Turnkey Airbnb with Expansion Potential Welcome to this stunning waterfront income property offering endless possibilities in a picturesque coastal setting Currently operating as an Airbnb this unique property combines flexibility and future development potential.The main rental unit is a spacious and beautifully designed 2-bedroom suite that comfortably sleeps up to 7 guests Featuring 2 full bathrooms, 1 half bath, and two pull-out couches, this unit is perfectly set up for larger families and groups. Guests can relax in the private hot tub overlooking the water while enjoying breathtaking harbour views.The second unit, formerly used as retail space, has been converted into a large and inviting 1-bedroom, 1-bath suite. This versatile space offers excellent rental income potential as-is, while still providing the option to easily revert back to retail use if desired.Adding even more value is the open loft area, presenting a rare opportunity for further development. With ample space to create at least two additional units, investors and entrepreneurs alike will appreciate the significant upside potential this property offers. Highlights: Prime waterfront location Currently operating as a successful Airbnb 2 separate self-contained units Main unit sleeps 7 2 bedrooms, 2 full baths, 1 half bath Private waterfront hot tub Large 1-bedroom secondary suite Former retail space with easy retail conversion potential Large loft area with room for 2+ additional rental units Excellent income and expansion opportunity Ideal for Airbnb, vacation rentals, mixed-use investment, or owner-occupied income property Whether you’re looking for a turnkey hospitality investment, a mixed-use commercial opportunity, or a waterfront property with major growth potential, this one-of-a-kind property is a must-see.

property details

type
Condo, Single Family
bedrooms
3
bathrooms
4
living area
2,959 sq ft
parking
0
year built
1900
property tax
$2,003 / yr
days on market
166
MLS®
1297311

features

  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Microwave

monthly cost

$1,731/mo
Mortgage $1,564 · Tax $167

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$1,564/ monthly
loan $287,200
25-year amortization
total interest
$182,039
cash to close
$71,800
down payment; transfer tax and fees not included
total paid
$469,239

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

TwillingateGoogle Maps ↗

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listed by
Bradley Waye
Outport Realty Inc. - Grand Falls-Windsor
call Bradley · 709-293-4623
Powered by: REALTOR.ca

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location

TwillingateGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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