$399,000
FOR SALE

Multiplex 2 Level

23-29 Bowater Avenue
Lewisporte, NL A0G 3A0

5-Plex in Lewisporte — Solid Investor Opportunity This centrally located 5-plex in Lewisporte sits in a welcoming community with easy access to recreational facilities, ball fields, basketball courts, playgrounds, and schools, ensuring residents enjoy convenience and a family-friendly lifestyle. All units are currently rented, providing immediate cash flow for investors. The property features four 3-bedroom, 1.5-bath units and one 2-bedroom, 1-bath unit. The layout offers a versatile mix to attract a range of tenants, from families to professionals, while the strong rental demand in this area supports sustained occupancy. Its proximity to schools, parks, and community amenities enhances appeal, and Lewisporte’s growth prospects add potential for future appreciation. This turnkey opportunity delivers reliable income with room for upside through prudent management, potential renovations, and strategic lease-up in a market known for stable yields and a tight housing supply. (id:47421)
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Listed By Keller Williams Platinum Realty - Gander
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1295341
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 2 Level
Constructed Date 1960
Heating Fuel Electric
Heating Type Baseboard heaters
Type Multi-Family
Utility Water Municipal water
Land
Total Size Unknown
Sewer Municipal sewage system

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