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Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel
$ 3,275,000
Est. payment | /mo
$ 3,275,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1295728
Style Detached,10+ Units
Year Built 1968
Annual Tax Amount $13,110
Tax Year 2026
Lot Dimensions ~0.56 acres
Property Sub-Type Multi Family
Source NLAR
Property Description
RARE INVESTMENT OPPORTUNITY! This well-maintained residential building features 22 fully occupied units, offering immediate and reliable income potential. The property includes a desirable unit mix of 17 one-bedroom apartments, 1 two-bedroom apartment, and 4 spacious three-bedroom apartments, appealing to a broad tenant base. Currently generating over $25,000 in monthly rental income, this asset presents strong cash flow and long-term investment value. Ideally situated in a highly convenient location, the building is just steps from the Village Mall Shopping Centre, major bus routes, Hazelwood School, and nearby walking trails, making it an attractive choice for tenants seeking accessibility and lifestyle amenities. An exceptional opportunity for investors looking to expand their portfolio with a stable, income-producing property in a sought-after area. *Any and all HST applicable is the responsibility of the purchaser
Location
Province NL
Zoning R1
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Equipment None
Building
Sewer Municipal
Water Municipal
Nearby Locations
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