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Listed by Royal LePage Atlantic Homestead
$499,900
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1303251
Annual Tax Amount $6,972
Lot Dimensions 25 x 107 x 58x 89
Source NLAR
Property Description
Located in a centre-city location, this well-positioned residential/commercial property offers an excellent opportunity for investors looking to add a fully rented income-producing property to their portfolio. The building features two residential apartments, including a 2-bedroom and a 3-bedroom unit, along with two commercial spaces, providing a diverse mix of rental income.
All four spaces are currently fully rented, offering immediate cash flow and an attractive investment opportunity. The central location provides excellent visibility and accessibility, making the commercial spaces well suited for a variety of business uses, while the residential units offer convenient city living close to amenities, shopping, services, and more.
With its combination of residential and commercial income, centre-city location, and 100% occupancy, this property presents a great opportunity for both seasoned investors and those looking to expand their real estate portfolio.
A solid income-producing property in a location where convenience and opportunity come together.
All four spaces are currently fully rented, offering immediate cash flow and an attractive investment opportunity. The central location provides excellent visibility and accessibility, making the commercial spaces well suited for a variety of business uses, while the residential units offer convenient city living close to amenities, shopping, services, and more.
With its combination of residential and commercial income, centre-city location, and 100% occupancy, this property presents a great opportunity for both seasoned investors and those looking to expand their real estate portfolio.
A solid income-producing property in a location where convenience and opportunity come together.
Location
Province NL
Zoning com/res
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Equipment None
Exterior
Utilities Available Electrical, Municipal Water
Roof Type Torched-on
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