151 Springfield Road South River, Newfoundland & Labrador A0A 3W0
$459,000
Great Investment property in a highly sought after area for rental properties. For sale is this multi-unit apartment building. The building has an excellent occupancy rate and never any vacancies. Well-built property was constructed around 1974 to very high standards as it was originally built for a senior citizen's home and was converted around 2010 for rental units with modern equipment and fixtures. Features 4-2 bedroom and 4-1-bedroom apartments generating great income. Property is located in a nice residential area of South River. Seller will be finishing the exterior siding prior to closing. The Vendor is very respectful to the tenants and all showings will have to be done with discretion and vendor will be present. The pictures are from 2023 as the seller is in the process of replacing the siding on the building and will have it completed prior to any potential sale. (id:28789)
Property Details
| MLS® Number | 1289218 |
| Property Type | Single Family |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Appliances | Refrigerator, Stove |
| Constructed Date | 1974 |
| Construction Style Attachment | Detached |
| Exterior Finish | Wood |
| Flooring Type | Mixed Flooring |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 3,816 Ft2 |
| Type | Multi-family |
| Utility Water | Drilled Well, Well |
Land
| Acreage | No |
| Sewer | Septic Tank |
| Size Irregular | 136 X 193.2 |
| Size Total Text | 136 X 193.2|under 1/2 Acre |
| Zoning Description | Res/comm |
https://www.realtor.ca/real-estate/28731209/151-springfield-road-south-river
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August 14 2025 12:42:43
Newfoundland & Labrador Association of REALTORS®
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts