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$629,000
Newfoundland & Labrador,Stephenville
For Sale Active
34-40 Georgia Drive, Stephenville, Newfoundland & Labrador A2N0C3
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Basic Details
Description

Turnkey 5-Unit Apartment Building – Exceptional Investment Opportunity An outstanding opportunity for investors or those looking to expand their rental portfolio. This well-maintained, income-generating 5-unit apartment building offers a rare combination of space, privacy, and recent upgrades—making it a truly turnkey investment. Property Highlights This multi-unit property features: – Four (4) spacious 3-bedroom apartments – Generously sized units ideal for

families and long-term tenants – One (1) executive 3-bedroom apartment, offering premium features including: Two full bathrooms Private, fully fenced yard Dedicated private storage shed The executive unit is perfectly suited for an owner-occupier or as a high-end rental, adding flexibility and increased revenue potential. Recent Upgrades & Features Extensively improved over the past year, this property is designed for long-term performance and reduced maintenance: – New oil tank – New hot water tanks – Numerous upgrades throughout the building – Ample basement storage for tenants or owner use – Two on-site sheds (one private to the executive unit, one shared) – Executive unit pays its own heat and electricity, lowering operating costs Investment Appeal – Strong and stable rental income potential – True turnkey property with minimal immediate capital requirements – Diverse unit mix enhances rental demand and flexibility – Consistently maintained building with pride of ownership – Highly attractive to families, professionals, and long-term tenants This is a rare opportunity to acquire a versatile, upgraded multi-unit property in excellent condition. (id:62650)

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Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: 1296337
  • Price: $629,000
  • Year Built: 1965
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Other
  • Office Key: 104937
Features & Appliances
Features
  • Heating System: Radiant heat, Hot water radiator heat, Oil
  • Flooring: Laminate, Hardwood, Other
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Newfoundland & Labrador, Stephenville, A2N0C3
  • Street: Georgia
  • Street Number: 34-40
  • Street Suffix: Drive
  • Longitude: W59° 26' 1.7''
  • Latitude: N48° 33' 13.1''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 153 x 105 ( 163 x 131 )
Financial
  • Tax Annual Amount: 2804
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Listing updated: 2026-07-01 13:06:33
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Listing Information
  • List Agent Key: 1955462
  • List Office Key: 104937
  • Modification Timestamp: 2026-04-20T13:00:24Z
  • Originating System Name: Newfoundland & Labrador Association of REALTORS®
  • Status Change Timestamp: 2026-04-20T12:52:47Z
Powered by REALTOR.ca
Listing updated: 2026-07-01 13:06:33
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