$325,000
FOR SALE

Multiplex Bungalow

19-21 Bowater Avenue
Lewisporte, NL A0G 3A0

Multi-Unit Fourplex in Lewisporte — Great Investor Opportunity This centrally located fourplex in Lewisporte sits in a friendly community with short distances to recreational facilities, ball fields, basketball courts, playgrounds, and schools, offering residents convenient access to essential amenities. All units are currently rented, providing immediate cash flow for investors. The property comprises two 3-bedroom, 1-bath units and two 1-bedroom +1 room, 1-bath units, each with its own 125-amp service panel upgrades recently completed, ensuring modern electrical standards and reliability. Investors will appreciate the solid rental demand in this area, plus the potential for upkeep savings and long-term value growth. The layout supports a mix of tenants, and the proximity to schools and recreational options can help maintain occupancy and drive steady income. In addition to the strong current rental performance, Lewisporte’s tight housing market and community-oriented lifestyle present opportunities for future appreciation as demand for well-maintained, centrally located rental properties continues to grow. This turnkey opportunity offers immediate income with room for future upside through strategic property management and potential improvements. (id:47421)
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Listed By Keller Williams Platinum Realty - Gander
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1295340
Last Updated Apr 08, 2026
Property Summary
Property Type Multiplex

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Price History

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Detailed Information
Listing Contract Date 2026-03-18
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Zoning Description RES
Building
Architectural Style Bungalow
Constructed Date 1960
Construction Style (Attachment) Detached
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 1
Type Multi-Family
Utility Water Municipal water
Land
Total Size Unknown
Sewer Municipal sewage system

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