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$1,300,000
Est. payment /mo
12,000 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $108
MLS® Listing ID 1272899
Originating Board Newfoundland & Labrador Association of REALTORS®
Year Built 2016
Property Description
Now selling with 2.1 acres of extra land included; enough for 20 more units. Welcome to beautiful Oceanview Terrace, across from the beach in Historic Spaniards Bay, next to Bay Roberts, Newfoundland. An hours drive from downtown St. John's and a stone’s throw from the beach. Investors take note: A modern and immaculate 12 unit Apartment building renovated from the ground up in 2016. The units are lovely inside. Very modern, well built and maintained, All have air exchangers, fridge, stove, OTC microwave and dishwashers. 8 units have 2BRs, 1 Bathroom, and are Wheelchair/Accessible. 1 unit is 1 BR, 1 Bath Rm Wheelchair accessible. 3 units are 2 BRs, 2 Full bathrooms, and ocean view, larger finer units, NOT w/c accessible but can be. The building is fire rated, has insulated walls separating which makes it very quiet and very economical for heating. Winter heating cost for tenants usually not above $200/month. ZERO vacancy since construction. There’s a waiting list to move in this beautiful building on the Ocean’s edge. Each unit has a small cold storage closet outside. (id:24570)
Location
Province NL
Interior
Heating Baseboard heaters,
Flooring Laminate, Other
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold