New$159,000
2 Patrick Street
Grand Falls-Windsor, NL
MLS® 1304578
Inquiries handled by Turner Realty Team
Year
1920
DOM
83
Type
Multi Family
Monthly cost
- About $929 a monthprincipal and interest plus property tax (listing record)
- Income needed: about $35,000 a yearat a 32% GDS; excludes heat and condo fees
At 5.49%, 20% down, 25 years. An estimate, not a mortgage approval. Change these in the calculator.
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About this property
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.
Pricing & Timeline
List price$124,900
Listed2026-07-29
Days on market83
Property Details
Structure
TypeMulti Family
StyleDetached,4 Units
Title to LandFreehold
Year built1920 (Approximate)
FoundationCrawl
RoofShingle - Asphalt
Systems & Utilities
HeatingElectric
WaterMunicipal
SewerMunicipal
Disclosures
ZoningRes
Room dimensions
Room-by-room dimensions are not available for this listing in the current cache. They may populate on the next nightly refresh.
Included appliances & features
FridgeSee RemarksStove
Tax & Lot Information
Taxes & Fees
Property taxes$3,843 (2025)
Lot
Property sizeUnder 0.5 Acres
ZoningRes
DistrictCentral
Sub-districtGrand Falls / Windsor
Location
Days on market: 83
AI-generated narration · read the transcript
142 Lincoln Road, Grand Falls-Windsor NL. Listed at $124,900. 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. Listing courtesy of EXIT Realty Aspire, NLAR MLS number 1301099. Royal LePage Turner Realty, 709-256-7999.
Street view
Imagery © Google — Open full panorama in Google Maps
Listing courtesy of EXIT Realty Aspire — NLAR MLS® #1301099
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The information contained on this page is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. Listings are updated daily. Royal LePage Turner Realty (2014) Inc. is a member of The Canadian Real Estate Association.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service®, and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.