346 Highway East Victoria, Newfoundland & Labrador A0A 3B0
$799,999
Investment opportunity. This 14 unit apartment building generates approximately $121,000 per year gross income with operating expenses of approx. $15,000 this a great investment property with a very positive cash flow. The property is usually 100% occupied and the seller is selective as to tenants. The owner only in the past several months installed metal roofing over the entire building. Located in the heart of Victoria close to school and in a good area. This property is presently financed with a financial institution and the list price is less than a recently completed professional appraisal of the subject property. This is a great opportunity for an investment property. (id:51189)
Property Details
| MLS® Number | 1274163 |
| Property Type | Single Family |
| EquipmentType | None |
| RentalEquipmentType | None |
Building
| Appliances | Refrigerator, Stove |
| ConstructedDate | 1960 |
| ConstructionStyleAttachment | Detached |
| ExteriorFinish | Vinyl Siding |
| FlooringType | Laminate, Other |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| SizeInterior | 10000 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 99 X 240 X 108 X 245' |
| SizeTotalText | 99 X 240 X 108 X 245'|under 1/2 Acre |
| ZoningDescription | Comm. |
https://www.realtor.ca/real-estate/27099210/346-highway-east-victoria
Interested?
Contact us for more information
Michael Samson
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
Justin Hollett
(709) 522-6350
33 Pippy Place, Suite 304
St. John's, Newfoundland & Labrador A1B 3X2
(709) 800-0412
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June 27 2024 05:43:09
The Newfoundland & Labrador Association of REALTORS®
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
