$125,000
MLS #1300912 · Botwood
11 Commonwealth Drive
3,432 sqft
- Type
- Other
- Agent
- Glenn King
- Brokerage
- Royal LePage Generation Realty
1 / 17Property Details
Welcome to 142 Lincoln Road, a solid income-generating four-unit property located in the heart of Grand Falls-Windsor. This fully occupied building features four one-bedroom units, making it an excellent turnkey investment opportunity. The property generates $1,975 per month in rental income, with tenants paying their own utilities, helping to keep operating expenses low. Each one-bedroom unit offers comfortable living space, and the property benefits from a strong rental history with consistent tenant demand. Conveniently located near schools, shopping, and other amenities, this multi-unit property provides immediate cash flow and reliable income potential. Ideal for both seasoned investors and those looking to enter the rental market. (id:66441)
Cost To Own
Down payment & monthly cost
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%.
Your OfferAsking $124,900
$124,900
Over askingAt asking
Down Payment · 20%$24,980
Interest Rate5.25%
Amortization
Add your monthly carrying costs
Enter property-specific figures when known. They start at zero because they are not supplied reliably for every listing.
Estimated Monthly Mortgage
$595
- Loan Amount
- $99,920
Cash To Close
$24,980
- Down Payment
- $24,980
- Loan Amount
- $99,920
- Total Interest · 25 yr
- $78,712
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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