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Listed by RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
$459,000
Est. payment /mo
3,816 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,816 sqft
Price per Sqft $120
MLS Listing ID 1295717
Style Detached,6-10 Units
Year Built 1974
Annual Tax Amount $1,629
Tax Year 2026
Lot Dimensions 136 x 193.2
Property Sub-Type Multi Family
Source NLAR
Property Description
Great Investment property in a highly sought after area for rental properties. For sale is this multi-unit apartment building. The building has an excellent occupancy rate and never any vacancies. Well-built property was constructed around 1974 to very high standards as it was originally built for a senior citizen`s home and was converted around 2010 for rental units with modern equipment and fixtures. Features 4-2 bedroom and 4-1-bedroom apartments generating great income. Property is located in a nice residential area of South River. Seller will be finishing the exterior siding prior to closing. The Vendor is very respectful to the tenants and all showings will have to be done with discretion and vendor will be present. The pictures are from 2023 as the seller is in the process of replacing the siding on the building and will have it completed prior to any potential sale.
Location
Province NL
Zoning RES/COMM
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Equipment None
Exterior
Exterior Feature Wood
Roof Type Shingle - Asphalt
Building
Foundation Concrete, Partial, Undeveloped
Sewer Septic
Water Drilled Well, Well
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