
MLS #1300693 · Bishop's Falls
184 Main Street
- Type
- Two-Apartment Home
- Agent
- Christopher Ellis
- Brokerage
- Keller Williams Platinum Realty - Grand Falls
MLS #1300631Listed July 20, 2026 · 53 days on market
Bishop's Falls
$259,900
Welcome to 1 Stanley Avenue, Bishop's Falls.This centrally located duplex offers exceptional flexibility, making it an ideal opportunity for investors or anyone looking to offset their mortgage with rental income. Each self-contained unit features three bedrooms, its own 200-amp electrical service, fridge and stove, private driveway, and backyard access, providing comfortable and independent living for both owners and tenants. Perfectly situated next to the stadium, playground, and recreation fields, the property is within walking distance of the post office and offers direct access to the nearby T'Railway, making it easy to enjoy snowmobiling and ATV riding right from your doorstep. Whether you choose to rent both units as an income-producing property or live in one unit while renting the other, this property offers endless possibilities. As an added bonus, the sale includes an approximately 60' x 140' parcel of land located at the rear of the property, providing excellent potential for future development, a detached garage, or additional storage. The property has also seen several important updates, including shingles replaced approximately five years ago and hot water tanks updated in 2020 and 2024, offering added peace of mind for years to come. Don't miss your chance to own this versatile duplex in a prime central location with excellent income potential. (id:66441)
Cost To Own
Homes in a hot market often sell over asking. Model your winning bid, then adjust the financing to see the real cash to close and monthly carrying cost — including default insurance when you put down under 20%.
$259,900
Amortization
Add your monthly carrying costs
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Estimated Monthly Mortgage
$1,239
Cash To Close
$51,980
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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Elementary Schools
Sprucewood Academy
PublicForest Park Primary
PublicWoodland Primary
PublicSecondary Schools
Leo Burke Academy
PublicExploits Valley High
PublicExploits Valley Intermediate
PublicStraight-line distance from this property. Proximity does not determine enrolment — confirm catchment areas with the Newfoundland and Labrador English School District. School list and grade levels from Statistics Canada's Open Database of Educational Facilities; some locations from OpenStreetMap contributors.
Straight-line distance from this property. Healthcare locations from Statistics Canada's Open Database of Healthcare Facilities; shops, pharmacies and filling stations from OpenStreetMap contributors.