Bought with Century 21 Big Land Realty Limited - Labrador City
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Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,920 sqft
Price per Sqft $103
MLS Listing ID 1277143
Sold Date 12/17/24
Style 10+ Units
Year Built 1970
Annual Tax Amount $4,971
Tax Year 2024
Lot Dimensions 26,372 sq ft
Property Sub-Type Multi Family
Source NLAR
Property Description
HUGE RENTAL INVESTMENT OPPORTUNITY.
This 10-unit Apartment complex consists of two storeys plus a basement featuring 10 Two-Bedroom Units. It displays 3640 square feet on each level for a gross area of 10,920 sqft, resulting in excellent rental income. Each unit is very spacious and includes appliances. The building is heated with electrical baseboard heat on all floors, and The electrical panel is 600 Amps. The building offers laundry facilities on the lower level with two coin-operated Washers and Dryers, a gym, and storage lockers.
Each unit contains two bedrooms, a dining room/kitchen, a living room, and a four-piece bathroom.
Four units on the main and four on the second floor, plus two in the basement.
Location
Province NL
Zoning Res.
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Exterior
Exterior Feature Brick, Wood
Roof Type Shingle - Asphalt
Building
Story 2
Foundation Concrete Block
Sewer Municipal
Water Municipal
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