Investment opportunity. This 14 unit apartment building generates approximately $121,800 per year gross income with operating expenses of approx. $18,000 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 year 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 previously completed appraisal of the subject property. This is a great opportunity for an investment property. (id:4069)
Address
346 Highway East
List Price
$799,999
Property Type
Single Family
Type of Dwelling
Multi-Family
Area
Newfoundland & Labrador
Sub-Area
Victoria
Floor Area
10,000 Sq. Ft.
Lot Size
99 x 245 x 108 x 242' Sq. Ft.
Year Built
1960
MLS® Number
1282471
Listing Brokerage
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
Postal Code
A0A3B0
Zoning
Comm.
