SoldJun 18, 2025

244 Stout Street, Mangapapa, Gisborne

$629,000

5
2
693 m²

House

30+ days on the market

Sold: Jun 18, 2025

What's around 244 Stout Street

Multiple opportunities, multiple options

Multiple opportunities and multiple options with this fantastic duo of dwellings ready for a new owner. This would suit an extended family, or the astute investor that recognises the value of a dual income stream. Alternatively, live in one, and let the rent from the other help pay off the mortgage. The main house has been fully renovated and is very inviting, with three good-sized bedrooms, lovely open plan living and large kitchen. Insulated and heat pump, plus new plumbing and electrics. The additional two-bedroom dwelling at the rear of the property is modern, light and bright with sunny deck to make the most of Gisborne's weather, and perfect for a small family or couple. The orientation of the dwelling provides good separation and there is great parking on the concreted driveways. Current rental for both dwellings is $1,050 per week, all located on a sizable 693 sqm section. While all the hard work has been done, there is still room to add value and improve. Seriously for sale, this is an opportunity not to be missed. 3D Tours and additional information available upon request.

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