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$799,999
Est. payment /mo
6,603 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 6,603 sqft
Price per Sqft $121
MLS® Listing ID 1287923
Year Built 1960
Property Sub-Type Freehold
Source Newfoundland & Labrador Association of REALTORS®
Property Description
Investment opportunity. This 14 unit apartment building generates approximately $109,200 per year gross income with operating expenses of approx. $17,000 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 and sale is HST applicable. (id:24570)
Location
Province NL
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Laminate, Other
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by RE/MAX Eastern Edge Realty Ltd. - Bay Roberts