346 Highway East Victoria, Newfoundland & Labrador A0A 3B0
$799,999
Investment opportunity. This 14 unit apartment building generates approximately $109,200 per year gross income with operating expenses of approx. $17,000 this a great investment property with a very positive cash flow. The property is usually 100% occupied and the seller is selective as to tenants. The owner only in the past several months 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. (id:28789)
Property Details
| MLS® Number | 1287923 |
| Property Type | Single Family |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Appliances | Refrigerator, Stove |
| Constructed Date | 1960 |
| Construction Style Attachment | Detached |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Laminate, Other |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 6,603 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 99 X 245 X 108 X 241' |
| Size Total Text | 99 X 245 X 108 X 241'|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| Zoning Description | Comm. |
https://www.realtor.ca/real-estate/28610863/346-highway-east-victoria
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July 16 2025 12:13:09
Newfoundland & Labrador Association of REALTORS®
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