346 Highway East Active

Victoria,NL A0A3B0

$ 799999

0 Bed

- Bath

10000 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $79

MLS Listing ID 1274163

Originating Board Newfoundland & Labrador Association of REALTORS®

Year Built 1960

Property Description

Investment opportunity. This 14 unit apartment building generates approximately $121,000 per year gross income with operating expenses of approx. $15,000 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. (id:24570)

Location

Province NL

Interior

Heating Baseboard heaters,

Flooring Laminate,Other

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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