346 Highway East Victoria, Newfoundland & Labrador A0A 3B0
$799,999
Investment opportunity. This 14-unit apartment building generates approximately $120,000 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 2 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 and sale is HST applicable. (id:49203)
Property Details
| MLS® Number | 1293025 |
| Property Type | Single Family |
| Equipment Type | None |
| Rental Equipment Type | None |
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 |
| Size Interior | 6,603 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 99 X 245 X 108 X 241' |
| Size Total Text | 99 X 245 X 108 X 241'|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| Zoning Description | Comm. |
https://www.realtor.ca/real-estate/29150598/346-highway-east-victoria
Contact Us
Contact us for more information
Frank Evely
(709) 786-4494
remax-easternedge-nl.ca/
Po. Box 1084 Main Road
Bay Roberts, Newfoundland & Labrador A0A 1G0
(709) 786-2310
www.remax-easternedge.ca/
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December 01 2025 04:13:30
Newfoundland & Labrador Association of REALTORS®
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts