346 HIGHWAY EAST, VICTORIA
346 HIGHWAY EAST, VICTORIA, Newfoundland, Canada A0A 3B0
Property Description
Investment opportunity. This 14-unit apartment building generates approximately $ 120,000 per year gross income with operating expenses of approx. $ 19,000. This is a great investment property with a very positive cash flow. The property is usually fully occupied. The owner only in the past 2 years installed mental 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#:
- 1293025
- 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
- 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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