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167, 169, & 171 Main Street
homes for sale · Twillingate
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$390,000

167, 169, & 171 Main Street

Twillingate · MLS® 1302097

86

3,000 sq ft · House · Multi-family · built 1950 · 65 days on market

listed by Bobby Gorman, Outport Realty Inc.

realtor's description

Four income-producing properties in the heart of Twillingate, all available for less than $100,000 each! This is a rare opportunity to build your rental portfolio, invest in a vacation destination, or secure multiple properties in one of Newfoundland’s most sought-after outport communities. Located at 167–171 Main Street, directly across from Twillingate Harbour, these properties offer beautiful water views and an unbeatable location. Restaurants, boat tours, grocery stores, schools, and other amenities are all within easy walking distance. **167 Main Street** is a spacious home ready to be brought back to life. With a new 200-amp electrical panel already in place, the property is ready for renovation and offers an opportunity to restore its original character. The main floor features a huge living room and dining room overlooking the harbour, along with a kitchen, bedroom, and full bathroom. Upstairs are three additional bedrooms and a large half bathroom with attic access. The **two apartment units** have recently been renovated and are rental-ready, offering the opportunity to begin generating income almost immediately. **171 Main Street** is a charming two-storey home that is currently rented, with long-term tenants who would love to stay. Having called the property home for the past five years, the tenants have taken great care of it. The main floor offers an eat-in kitchen, living room, bedroom, and full bathroom. Upstairs are two exceptionally spacious bedrooms, an office/gym, and a second full bathroom. With multiple income streams, harbour views, strong rental potential, and a prime central location, this portfolio offers an exceptional opportunity for investors looking to get into the Twillingate market at an attractive price point.

property details

type
House, Multi-family
bedrooms
8
bathrooms
6
living area
3,000 sq ft
parking
0
year built
1950
property tax
$2,600 / yr
days on market
65
MLS®
1302097

features

  • See remarks

monthly cost

$1,916/mo
Mortgage $1,699 · Tax $217

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

estimated payment
$1,699/ monthly
loan $312,000
25-year amortization
total interest
$197,758
cash to close
$78,000
down payment; transfer tax and fees not included
total paid
$509,758

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
Bobby Gorman
Outport Realty Inc.
call Bobby · 709-884-9801
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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