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For Sale
$799,999
MLS® 1299935
346 Highway East
Victoria, Newfoundland & Labrador, A0A3B0
- Beds / Baths
- 0 bed
- Interior
- 6,603 sqft
- Property type
- Other
- Building
- Multi-Family
- Year built
- 1960
- Lot size
- 99 x 245 x 108 x 241'
Property facts
- Beds / Baths
- 0 bed
- Interior
- 6,603 sqft
- Property type
- Other
- Building
- Multi-Family
- Transaction
- For Sale
- Year built
- 1960
- Lot size
- 99 x 245 x 108 x 241'
- Ownership
- Freehold
About this property
Investment opportunity. This 14-unit apartment building generates approximately $130,000 per year gross income with operating expenses of approx. $19,000 this a great investment property with a very positive cash flow. The property is usually fully occupied. The owner only in the past couple of years 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:53361)