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$549,000
Newfoundland & Labrador,Arnold's Cove
For Sale Active
16-20 Monkstown Road, Arnold's Cove, Newfoundland & Labrador A0B1A0
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Basic Details
Description

Discover an exceptional investment opportunity in the welcoming coastal community of Arnold’s Cove, NL with this well-maintained 4-unit residential property. Two of the four units are currently rented to reliable tenants, providing immediate income from day one, while the remaining two units present excellent potential for added rental revenue. Perfectly situated, the building is within easy reach of key amenities

including a K–12 school, grocery store, pharmacy, hardware store, restaurants, and local services, making it an ideal location for steady year-round tenancy. Arnold’s Cove serves as a major service hub on the Avalon Isthmus and benefits from a diverse employment base. Residents work in regional industries such as trades, construction, seafood processing, marine services, manufacturing, and the nearby oil transshipment operations. With employers in the area drawing workers from surrounding communities, rental demand remains stable and consistent. The town also offers a relaxed quality of life with scenic coastal walking trails, beautiful viewpoints, and close proximity to Clarenville and St. John’s, making it appealing for residents who value both convenience and tranquility. This property is a smart addition to any investment portfolio, offering current cash flow, strong long-term potential, and the rare chance to own a multi-unit income property in a growing rural hub. Don’t miss the opportunity to secure a solid, versatile investment in one of Newfoundland’s most charming and strategically located communities. (id:62650)

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Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: 1294721
  • Price: $549,000
  • Year Built: 2012
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Other
  • Office Key: 285811
Features & Appliances
Features
  • Heating System: Electric
  • Cooling System: Air exchanger
  • Exterior Features: Vinyl siding
  • Flooring: Laminate, Other
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Newfoundland & Labrador, Arnold's Cove, A0B1A0
  • Street: Monkstown
  • Street Number: 16-20
  • Street Suffix: Road
  • Longitude: W54° 0' 36.6''
  • Latitude: N47° 45' 53.2''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 232.67'120.19'x95'44x34.32'x30.10'24.35'
Financial
  • Tax Annual Amount: 1651
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Listing updated: 2026-03-19 17:24:58
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Listing Information
  • List Agent Key: 2188965
  • List Office Key: 285811
  • Modification Timestamp: 2026-03-16T14:10:58Z
  • Originating System Name: Newfoundland & Labrador Association of REALTORS®
  • Status Change Timestamp: 2026-03-16T14:03:15Z
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Listing updated: 2026-03-19 17:24:58
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