$799,999
FOR SALE

Multiplex

346 Highway East
Victoria, NL A0A 3B0

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. (id:47421)
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Listed By RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1274163
Last Updated Jun 27, 2024
Property Summary
Property Type Multiplex

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Price History

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Detailed Information
Equipment None
Listing Contract Date 2024-06-27
Ownership Type Freehold
Property Type Single Family
Rental Equipment None
Transaction Type For sale
Zoning Description Comm.
Building
Appliances Refrigerator, Stove
Constructed Date 1960
Construction Style (Attachment) Detached
Exterior Finish Vinyl siding
Flooring Type Laminate, Other
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard heaters
Type Multi-Family
Utility Water Municipal water
Land
Total Size 99 x 240 x 108 x 245' | under 1/2 acre
Sewer Municipal sewage system
Size of Irregular Land 99 x 240 x 108 x 245'

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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