346 HIGHWAY EAST, VICTORIA
346 HIGHWAY EAST, VICTORIA, Newfoundland, Canada A0A 3B0

Property Description
Investment Opportunity. This 14 unit apartment building generates approximately $ 109,200 per year gross income with operating expenses of approx. $ 17,000. This is 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 and sale is HST applicable.
Basic Details
MLS# : 1287923
Property Type : Commercial
Listing Type : For Sale
Style : Apartment Building
Price : C$799999
Bedrooms : 21
Bathrooms : 14
Half Bathrooms : 0
Heating : Electric/Baseboard
Sq. Ft. : 6,603 Sq. Ft.
Lot Size : 99' x 245' x 108' x 241'
Age : 65 Years
Features
Apartment
Water Type : Municipal
Sewer Type : Municipal
Appliances
Fridge
Stove
Address Map
Country : Canada
Province : NL
Town : VICTORIA
Postal Code : A0A 3B0
Street : HIGHWAY EAST
Street Number : 346
Postal Code : A0A 3B0
Neighborhood
Carbonear : Yes
Bay Roberts Office : Yes
Mortgage Calculator
Commercial
For Sale
- Bathrooms : 14
- Sq. Ft. : 6,603 Sq. Ft.
C$799999
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Agent info

RE/MAX Eastern Edge Realty Ltd.
- Frank Evely Jr.
- 709-786-2310
- 709-683-5255
- 709-786-4494
-
Contact Agent
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