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For sale
  • C$549,000

    16-20 Monkstown Road, Arnold's Cove, NL A0B1A0

    10beds
    --baths
    --sqft
    Multi Family, Single Family Residence
    Built in 2012
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Discover an exceptional investment opportunity in the welcoming coastal community of Arnold’s Cove, NL with this well-maintained 4-unit residential property. Two of the four units are currently rented to reliable tenants, providing immediate income from day one, while the remaining two units present excellent potential for added rental revenue. Perfectly situated, the building is within easy reach of key amenities including a K–12 school, grocery store, pharmacy, hardware store, restaurants, and local services, making it an ideal location for steady year-round tenancy. Arnold’s Cove serves as a major service hub on the Avalon Isthmus and benefits from a diverse employment base. Residents work in regional industries such as trades, construction, seafood processing, marine services, manufacturing, and the nearby oil transshipment operations. With employers in the area drawing workers from surrounding communities, rental demand remains stable and consistent. The town also offers a relaxed quality of life with scenic coastal walking trails, beautiful viewpoints, and close proximity to Clarenville and St. John’s, making it appealing for residents who value both convenience and tranquility. This property is a smart addition to any investment portfolio, offering current cash flow, strong long-term potential, and the rare chance to own a multi-unit income property in a growing rural hub. Don’t miss the opportunity to secure a solid, versatile investment in one of Newfoundland’s most charming and strategically located communities.
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    Zillow last checked: 8 hours ago

    Listing updated: December 15, 2025 at 07:02am

    Listed by:

    Kelsey Brown,

    eXp Realty,

    John Picco,

    eXp Realty

    Source: Newfoundland and Labrador AR,MLS®#: 1292741MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Dishwasher, Refrigerator, Microwave, Stove, Washer, Dryer
    Features
    • Flooring: Cushion/Tile/Lino, Laminate
    • Windows: Window Coverings
    • Furnished: Yes

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Deck/Patio
    Lot
    • Dimensions: 232.67'120.19' x 95'44 x 34.32' x 30.10'24.35'
    • Features: 1.0 -2.99 Acres
    Details
    • Zoning description: Res.
    • Other equipment: Air Exchanger

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Concrete
    • Roof: Shingle - Asphalt
    Condition
    • Year built: 2012

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, High Speed Internet, Phone Connected

    Community & HOA

    Location
    • Region: Arnolds Cove

    Financial & listing details

    • Annual tax amount: C$1,651
    • Date on market: 11/19/2025
    Kelsey Brown

    (709) 680-2548

    By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.

    Price history

    Price history

    Price history is unavailable.

    Public tax history

    Public tax history
    Tax history is unavailable.

    Climate risks

    Neighborhood: A0B

    Nearby schools

    GreatSchools rating

    No schools nearby

    We couldn't find any schools near this home.

    Schools provided by the listing agent
    • District: Clarenville-Bonavista

    Source: Newfoundland and Labrador AR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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