239-245 East Street St Anthony, Newfoundland & Labrador A0K 4T0

$379,000

Located in the heart of St. Anthony, this 11-unit apartment building is ready for a new owner with a keen eye and a handy touch. Priced for value, this multi-unit property offers a rare opportunity to add sweat equity and transform it into a highly profitable income generator. While the building is in need of TLC, the structure is solid and the bones are there. With cosmetic updates and modern upgrades, you can unlock significant rental income potential in a growing rental market. Centrally located in town – close to amenities, hospital, and schools Spacious lot for parking. Strong rental demand in the area. Huge Upside Potential: Ideal for the savvy investor or contractor Projected high ROI once updated Affordable entry point into multi-unit ownership Great candidate for long-term rentals, staff housing, or short-term rentals Whether you're looking to renovate and rent, flip, or hold for steady cash flow, this building is your blank canvas. Don't miss out on this rare opportunity to breathe new life into a solid structure and build long-term wealth in a beautiful Newfoundland community. (id:28789)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number 1286218
Property Type Multi-family
Amenities Near By Highway
View Type Ocean View, View

Building

Amenities Balconies
Constructed Date 1950
Flooring Type Concrete Slab, Wood
Heating Fuel Electric
Stories Total 4
Type Residential Commercial Mix

Land

Access Type Year-round Access
Acreage No
Land Amenities Highway
Size Irregular 8335 Sq Ft
Size Total Text 8335 Sq Ft|21,780 - 32,669 Sqft (1/2 - 3/4 Ac)
Zoning Description Commercial

https://www.realtor.ca/real-estate/28458050/239-245-east-street-st-anthony

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