102-108 Avalon Drive — Labrador City, Newfoundland & Labrador

EXCELLENT INVESTMENT OPPORTUNITY IN LABRADOR CITY! This extensively renovated, two-storey, four-unit residential apartment building offers an exceptional investment opportunity in a convenient, central Labrador City location. Featuring four spacious two-bedroom apartments, each unit has undergone extensive interior renovations within the past year and comes complete with appliances, individual electric baseboard heating, and separate electrical meters. The property has also benefited from substantial exterior upgrades completed throughout 2025–2026, including new windows, roofing, and siding, providing a refreshed exterior and added value for years to come. Shared laundry facilities, complete with washers and dryers, are conveniently located in the basement. The basement also offers excellent potential for future development, providing additional possibilities for maximizing the property’s use. Offering approximately 2,176 square feet of building space on an 8,503-square-foot lot, this property is ideally situated along a main road, providing convenient access to shopping, schools, recreational facilities, and other local amenities. With extensive renovations already completed, four self-contained residential units, and a desirable central location, this is an outstanding opportunity for investors looking to expand their rental property portfolio in Labrador City! (id:63357)