Now selling with 2.1 acres of extra land included; enough for 20 more units. Welcome to beautiful Oceanview Terrace, across from the beach in Historic Spaniards Bay, next to Bay Roberts, Newfoundland. An hours drive from downtown St. John's and a stone’s throw from the beach. Investors take note: A modern and immaculate 12 unit Apartment building renovated from the ground up in 2016. The units are lovely inside. Very modern, well built and maintained, All have air exchangers, fridge, stove, OTC microwave and dishwashers. 8 units have 2BRs, 1 Bathroom, and are Wheelchair/Accessible. 1 unit is 1 BR, 1 Bath Rm Wheelchair accessible. 3 units are 2 BRs, 2 Full bathrooms, and ocean view, larger finer units, NOT w/c accessible but can be. The building is fire rated, has insulated walls separating which makes it very quiet and very economical for heating. Winter heating cost for tenants usually not above $200/month. ZERO vacancy since construction. There’s a waiting list to move in this beautiful building on the Ocean’s edge. Each unit has a small cold storage closet outside. (id:47421)
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Detailed Information
Listing Contract Date
2024-05-29
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Zoning Description
Comm/Res mix
Building
Appliances
Dishwasher, Refrigerator, Stove
Constructed Date
2016
Construction Style (Attachment)
Detached
Exterior Finish
Vinyl siding
Flooring Type
Laminate, Other
Foundation Type
Concrete Slab
Heating Fuel
Electric
Heating Type
Baseboard heaters
Type
Multi-Family
Utility Water
Municipal water
Land
Total Size
1 acre | 1 - 3 acres
Acreage
Yes
Sewer
Municipal sewage system
Size of Irregular Land
1 acre
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