$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