346 Highway East, Victoria, Newfoundland & Labrador A0A3B0

346 Highway East
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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.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesRefrigerator, Stove
Bedrooms Total0
FlooringLaminate, Other
HeatingBaseboard heaters, Electric
Living Area6603 sqft

Building & Exterior

Exterior FeaturesVinyl siding
Foundation DetailsConcrete
Year Built1960

Land & Location

Lot Size Dimensions99 x 245 x 108 x 241'

Listing & Financials

Listing OfficeRE/MAX Eastern Edge Realty Ltd. - Bay Roberts
Originating System NameNewfoundland & Labrador Association of REALTORS®

Other Specifications

Common InterestFreehold
CountryCanada

For Sale

$799,999

346 Highway East, Victoria, Newfoundland & Labrador A0A3B0

Beds

0

Baths

-

Living Area

6,603 sqft

Lot Size

-

Property Type

Multi-Family

Year Built

1960

Listing ID1293025

Location & Map

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