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7 The Walk Other

BrigusNL, A0A 1K0

2
Beds
2
Baths
1,469
Sq. Ft.
$749,900
List Price
7 The Walk Other, Brigus, NL - 1 of 3
7 The Walk Other, Brigus, NL - 2 of 3
7 The Walk Other, Brigus, NL - 3 of 3
121 days on market

Quick Summary

  • Rare investment opportunity in historic Brigus.
  • Two-unit property with ocean views and open-concept living.
  • Walking distance to The Tunnel historical landmark.
  • Each unit offers 1 bedroom, bathroom, and laundry.
  • Exclusive access to a newly constructed large wharf.
  • Wharf equipped with power and water rough-ins.
  • High rental rates for short and long-term leases.
  • Potential additional revenue from leasing berth access.

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... Show More

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:54626)

Property Details

Size

1,469 sq. ft.
10 total rooms
2 Beds
2 Above Grade
2 Baths
2 Full

Build

Year Built
2022
Model Name
-
Basement
-
Exterior
Cedar shingles
Foundation
Concrete
Builder Name
-
Stories
-
Flooring
Other
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
Air exchanger

Utilities

Water
Municipal water
Sewer
Septic tank
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Rooms

Porch

3′4″ x 11′7″

Bath (# pieces 1-6)

Bathroom

Bedroom

9′ x 11′8″

Living room

9′3″ x 14′6″

Not known

10′2″ x 14′8″

Porch

3′ x 10′11″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
1266822
Last Updated
January 15, 2024
Brokerage
RE/MAX Infinity Realty Inc. - Sheraton Hotel
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