7 The Walk Other, Brigus, Newfoundland & Labrador A0A 1K0

Welcome to a rare opportunity in the charming town of Brigus, a place steeped in history and known as the home of Arctic explorer Captain Bob Bartlett. Nestled in this sought-after location, this two-unit property presents a unique investment prospect that doesn't come around often. Located within walking distance to The Tunnel, a historical landmark hand-blasted in 1860 by Cornish miner John Hoskins, this property offers a glimpse into the town's rich past. The Tunnel once provided a convenient access to Abram Bartlett's Wharf, adding a touch of heritage to the surroundings. Both units within this property features 1 bedroom, a well-appointed bathroom, convenient laundry facilities, and an inviting open-concept layout encompassing the living, dining, and kitchen areas. From these spaces, residents and guests alike can enjoy breathtaking views of the ocean, creating a tranquil and picturesque living environment. What sets this property apart is its exclusive access to a newly constructed large wharf. This well-sheltered wharf comes equipped with power and water rough-ins, making it ready for shore services. This additional feature not only enhances the property's appeal but also opens up a range of possibilities for recreational activities and waterfront enjoyment. The investment potential of this property is substantial, with each unit commanding a short term rental rate of $350 to $375 per night AND $1500 a month long term rental rates. Whether attracting short-term visitors or longer-term tenants, the property offers a lucrative income stream. Furthermore, there is an opportunity to generate additional revenue by leasing berth access to boaters, tapping into the town's maritime allure. (id:27476)

This unique property in the charming town of Brigus offers a rare investment opportunity. With a rich history and close proximity to historical landmarks such as The Tunnel, this two-unit property is a sought-after prospect.

Each unit features 1 bedroom, a well-appointed bathroom, convenient laundry facilities, and an open-concept layout encompassing the living, dining, and kitchen areas. Residents and guests can enjoy stunning ocean views, creating a tranquil living environment.

What sets this property apart is its exclusive access to a newly constructed large wharf, equipped with power and water rough-ins. This feature enhances the property's appeal and opens up possibilities for recreational activities and waterfront enjoyment.

The investment potential of this property is substantial, with each unit commanding short-term rental rates of $350 to $375 per night and $1500 a month for long-term rentals. There is also an opportunity to generate additional revenue by leasing berth access to boaters, tapping into the town's maritime allure.

Located on 7 The Walk OTHER in Brigus, Newfoundland & Labrador, this property is for sale and offers a land size of approximately 59x53, under 1/2 acre. It features 2 bathrooms, 2 bedrooms above ground, and a total of 2 bedrooms. The building construction style is detached, with cedar shingles as the exterior finish. Cooling is provided by an air exchanger, and heating is through baseboard heaters. This property is classified as a Two Apartment House.