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
-
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