8 Magnolia Drive Paradise, NL
$ 189,900
Property Attributes
  • ID#1229091
  • TypeSingle Family
  • CityParadise
  • Postal CodeA1l 1B5
  • StyleDetached
  • Price$ 189,900
  • Bedrooms4
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1152
Listing Provided Courtesy Of:
Rob Burton, FRI with RE/MAX Infinity REALTY INC.
Data Source:
Property Description

A beautiful opportunity! Now available in Paradise, an exceptional RARE investment opportunity!! In fact, you may have never heard of such an offering. A MODULAR HOME that's a REGISTERED 2 APARTMENT!! Located on a no-through-fare cul de sac!! This unique style of property is reasonably new, only 12 years old, offering great space with 2 bedrooms and 1 bathroom per unit, and affordably providing attractive POSITIVE income! Each is generating approximately $700 per month rental income!! As an owner occupied property, one can live here renting the other unit and incur minimal accommodation expenses!! With location in sought-after area of Paradise with positive development near new school and all amenities like supermarket, pharmacy, and a medical clinic within a short walking distance. Parks, playgrounds, walking trails and access to main highways close. HIS property has always been attractive and well-loved living environments - SAFE, PEACEFUL, PRACTICAL & AFFORDABLE! With location, close to everything, it's a lovely opportunity for many reasons including being ideally priced. Well-maintained with extensive maintenance improvements just finished (including modern foundation white skirting and improvements, new doors, decks stained, painting refreshed). Nice size lots - ask for survey. NOTE: These are NOT mobile homes -never on wheels! These units have 2x6 exterior walls, commercial grade thick vapour barrier, hurricane winds reinforced, built to last, Canadian designed and made in New Brunswick, CSA approved to the National Building Code. Each rental unit has its own separate 200 amp panel! With R32 ceiling, R20 walls and R28 floor, these are designed for -34 winters. Many have been installed in Labrador. Assessed at $215,000 and in excellent condition, this is priced to sell! For confident super-affordable low maintenance living or impressive positive monthly income, this is a great opportunity! (id:27)

General Features

Beds 4

Interior Features

Bedrooms 4
Total Baths 2

Exterior Features

Lot Size 46x148x52x178
Jumpid 14859339
Mls 1229091

Room Details

Room Dimensions Level Flooring Details
Bathroom 8x6 Main Level
Bedroom 10x8 Main Level
Kitchen 10x8 Main Level
Laundry 5x4 Main Level
Living 16x11 Main Level
Master Bedroom 13x8 Main Level
Porch 7.5 x4 Main Level


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in A1l 1B5

AVG $190K
AVG 157