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$799,999
Est. payment /mo
10,000 SqFt
UPDATED:
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