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Listed by RE/MAX Infinity Realty Inc. - Sheraton Hotel
$ 3,200,000
Est. payment | /mo
16,235 SqFt
$ 3,200,000
Est. payment | /mo
16,235 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,235 sqft
Price per Sqft $197
MLS Listing ID 1297382
Style Detached,10+ Units
Year Built 1975
Annual Tax Amount $13,145
Tax Year 2026
Lot Dimensions 0.81 acres
Property Sub-Type Multi Family
Source NLAR
Property Description
INVESTMENT Opportunity! Situated on a 0.81-acre lot in a mature west end neighborhood, this exceptionally well maintained 19-unit apartment building presents a rare opportunity for the savvy investor. Comprised entirely of spacious 2-bedroom units, this impressive income-generating property has been meticulously cared for and professionally managed, with pride of ownership evident throughout. The building consistently attracts mature, long-term tenants, making it a stable and desirable investment. This 3-storey plus basement building consists of 6 units on each of the main, second, and third levels, along with an additional unit on the lower level. Each spacious apartment features a functional layout with oversized windows allowing an abundance of natural light, creating bright and inviting living spaces. Units include an open concept living and dining area, kitchen, two well-proportioned bedrooms, and a full bathroom. Additional features include on-site laundry facilities conveniently located on the lower level, ample tenant parking, deck area, and a large detached garage/quonset hut ideal for additional storage or property maintenance equipment. Ideally located on a mature lot along a bus route and just minutes from Bowring Park, walking trails, Village Shopping Centre, and numerous amenities, this multi-unit property is an outstanding addition to any real estate portfolio. Don't wait! No conveyence of offers until Tuesday, June 11 @ 12:00pm (noon) and are to be left open for acceptance until Tuesday, June 16 @ 5:00pm
Location
Province NL
Zoning Res.
Interior
Heating Baseboard, Electric
Cooling Baseboard, Electric
Laundry $3600 (2024)
Exterior
Exterior Feature Brick, Vinyl
Roof Type Torched-on
Building
Story 3+Basement
Foundation Poured Concrete
Sewer Municipal
Water Municipal
Nearby Locations
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