$699,000
5-5A King St 14-20 Hill Street
Beds
0
Baths
—
Sqft
—
Year
2018
About this home
A fantastic opportunity awaits for investors, all units currently rented. Package includes 5-5A King St, 14-20 Hill St, and additional building lot. Located in the Town of Grand Falls Windsor, near schools, shopping and recreational facilities. The duplex features two mirror-image units, with 2 spacious bedrooms, 1 full bath / laundry combination, spacious open-concept living /dining area. Beautiful kitchen with ample cabinets with lots space for storage. Exterior completed with vinyl siding and windows; front veranda & rear deck to both units. Both units are heated by electric baseboard heaters. Long term tenants in both units. Sale to include fridge (1), stove, dishwasher, washer & dryer in both units. Currently rented. 14-20 Hill St. mini homes. The perfect blend of comfort, functionality and simplicity. New construction, completed in November 2024. Affordable ""mini"" home, where owning your own property could be less than current rental rates. Enter the 560 square foot home from the front covered verandah. A peaceful place to sit and enjoy your coffee or warm summer evenings. Open-concept living, kitchen and dining area. Efficient kitchen equipped with large stainless double sink and ample cabinetry for storage. Spacious bedroom with nook and large closet. Full bath and separate laundry room/storage area. Home is complete with vinyl siding, large vinyl windows. Vinyl plank flooring throughout. Home is heated with baseboard electric. Fridge and Stove included Additional building lot large enough to construct a duplex or multiple mini homes. Don't miss out on this opportunity (id:65958)
- Subtype
- Other
- MLS#
- 1292512
- Area
- GRAND_FALLS-WINDSOR
Cash on cash
-11.84%
Cap rate
3.52%
GRM
16.6
Break-even rent
$4,952
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.