
MLS #1299052 · Happy Valley-Goose Bay
5 Ottawa Avenue
- Type
- Office
- Agent
- Brittany Elliott
- Brokerage
- Hanlon Realty
MLS #1302179
Happy Valley-Goose Bay
$679,000
Property Details
Welcome to 13 Learning Street, an excellent income-producing opportunity in Happy Valley-Goose Bay. This well-maintained four-unit residential property features four spacious 3-bedroom, 1-bathroom apartments, all currently occupied by established long-term tenants—offering immediate and consistent rental income from day one. With continued growth and development in the Goose Bay area, this property presents an attractive opportunity for investors looking to add a fully occupied, multi-unit property to their portfolio. The property has benefited from a number of improvements over the years. Shingles were replaced in approximately 2019/2020, and all four apartments have received various upgrades, including updated flooring, fixtures and lighting. Some units have also received bathroom upgrades within the past year, while two apartments have been recently painted. Most appliances are in great condition, with several having been replaced within the last couple of years. Units A and C also feature new hot water tanks. With four 3-bedroom units already rented to long-term tenants, existing rental income, and a location positioned to benefit from the continued growth of Happy Valley-Goose Bay, 13 Learning Street is a turnkey investment opportunity with excellent long-term potential. Whether you're an experienced investor or looking to expand your real estate portfolio, this is an opportunity worth exploring. A sellers direction is in effect- no conveyance offers will be presented until 4pm on August 26, 2026. Offers to remain open for acceptance until 9pm same day. (id:66441)
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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%.
$679,000
Amortization
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Estimated Monthly Mortgage
$3,237
Cash To Close
$135,800
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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