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346 Highway East
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346 Highway East $799,999
$799,999
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346 Highway East
Victoria, Newfoundland & Labrador A0A3B0

MLS® Number: 1274163

Listing 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. (28373373)

Property Summary

Property Type
Single Family
Building Type
Multi-Family
Title
Freehold
Land Size
99 x 240 x 108 x 245'|under 1/2 acre
Built in
1960
Annual Property Taxes
$7,806
Time on REALTOR.ca
148 days

Price and Sale History

Date Status Price
Jul 3, 2018 Sale Closed $160,000

Building

Interior Features
Appliances Included
Refrigerator, Stove
Flooring
Laminate, Other
Building Features
Foundation Type
Concrete
Style
Detached
Rental Equipment
None
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding

Measurements

Square Footage
10000 sqft

Land

Other Property Information
Zoning Description
Comm.
Data provided by: Newfoundland & Labrador Association of REALTORS® 28 Logy Bay Road, St John's, Newfoundland & Labrador A1A 1J4
FRANK EVELY
709-683-5255
709-786-4494
REALTOR® Website
Email
Book showing
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
Brokerage
PO. BOX 1084 Main Road
Bay Roberts, Newfoundland & Labrador A0A1G0
709-786-2310
Office Website

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FRANK EVELY