14 Ottawa Avenue Happy Valley-Goose Bay, Newfoundland & Labrador A0P 1E0
$649,900
If you are looking for a property with positive cash flow and a great amount of potential for further development, then look no further than 14 Ottawa Avenue! This property has 4 units currently all rented and for the past 3 years there has never been a vacancy for longer than 2 weeks. All units are electric heated with hot water radiation, include a fridge, stove and microwave, and some furnishings. The owner pays utilities for the units and collects rent monthly. The 1st floor has 2 units, Apartment A, 2 bedroom, approximately 550 sq ft rented for $1,500; and Apartment B, 3 bedroom approximately 1350 sq ft rented for $1,800. These units share a common area and a laundry room. The 2nd floor also has 2 units, Apartment C, 3 bedrooms with laundry and approximately 1500 sq ft rented for $1,000, and Apartment D a 1 bedroom with laundry approximately 750 sq ft rented for $900. BONUS is the currently vacant heated garage with drive-in access measuring approximately 1500 sq ft. The owner has had a property manager there daily to oversee any issues and all maintenance inside and outside. 2ND BONUS is potential revenue via the large undeveloped land that is cleared and all fenced with chain link. (id:51189)
Business
| BusinessType | Industrial, Residential, Service |
| BusinessSubType | Warehouse, Residential, Miscellaneous services |
Property Details
| MLS® Number | 1283147 |
| Property Type | Retail |
| EquipmentType | None |
| RentalEquipmentType | None |
Building
| ConstructedDate | 1954 |
| FlooringType | Hardwood, Laminate |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| Type | Other |
Land
| Acreage | Yes |
| FenceType | Fence |
| SizeIrregular | 2 Parcels Containing 2.471 Acres |
| SizeTotalText | 2 Parcels Containing 2.471 Acres|1 - 3 Acres |
| ZoningDescription | Mixed |
https://www.realtor.ca/real-estate/28099982/14-ottawa-avenue-happy-valley-goose-bay
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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April 01 2025 02:22:34
The Newfoundland & Labrador Association of REALTORS®
Bluekey Realty Inc.
