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:13843)
| MLS # | 1299935 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-family |
| Status | Active |
| Year | 1960 |
| Days On Site | 90 |
| Listing Provided By | RE/MAX Eastern Edge Realty Ltd. - Bay Roberts | Frank Evely |
| SQ Feet | 6,603 |
|---|---|
| Zoning | Comm. |
| Heating | Baseboard heaters, Electric |
|---|---|
| Appliances | Refrigerator, Stove |
| Fireplace Yes / No | No |
| Roof | Metal, Unknown |
|---|---|
| Foundation Details | Concrete |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 2702 |
|---|---|
| Tax Year | 2026 |
| Province | NL |
|---|---|
| City | Victoria |
| Postal Code | A0A3B0 |
| Listing VS Median (in A0A3B0) | |
Price: $799,999 low | high Med: $399,000 sqft: 6,603 low | high Med: 2,344 $ / sqft: $121 low | high Med: $170 On site: 90 low | high Med: 37 | |
| Province | NL |
|---|---|
| City | Victoria |
| Postal Code | A0A3B0 |
| Listing VS Median (in A0A3B0) | |
Price: $799,999 low | high Med: $399,000 sqft: 6,603 low | high Med: 2,344 $ / sqft: $121 low | high Med: $170 On site: 90 low | high Med: 37 | |