346 Highway East Victoria, Newfoundland & Labrador A0A 3B0
$799,999
Investment opportunity. This 14-unit apartment building generates approximately $120,000 per year gross income with operating expenses of approx. $19,000 this a great investment property with a very positive cash flow. The property is usually fully occupied. The owner only in the past 2 years 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 and sale is HST applicable. (id:51189)
Property Details
| MLS® Number | 1293025 |
| 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 | 6603 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 99 X 245 X 108 X 241' |
| SizeTotalText | 99 X 245 X 108 X 241'|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| ZoningDescription | Comm. |
https://www.realtor.ca/real-estate/29150598/346-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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December 01 2025 04:13:30
The Newfoundland & Labrador Association of REALTORS®
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
