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Listed by RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
$799,999
Est. payment /mo
6,603 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,603 sqft
Price per Sqft $121
MLS Listing ID 1293025
Style Detached,10+ Units
Year Built 1960
Annual Tax Amount $3,808
Tax Year 2025
Lot Dimensions 99 x 245 x 108 x 241'
Property Sub-Type Multi Family
Source NLAR
Property Description
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.
Location
Province NL
Zoning Comm.
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Equipment None
Exterior
Exterior Feature Vinyl
Roof Type Metal
Building
Foundation Concrete
Sewer Municipal
Water Municipal
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