This is a fantastic investment opportunity. Listed below recently completed professional appraised value. The owner is moving his investments in a different direction and is offering this well established and reliable revenue generating property to the next investor with a reasonable rate of investment. The present rental income is approx. $100,000 annually, the vacancy rate is near zero and at the present time the unit is 100% occupied. Location is centrally located with easy access, large parking lot and close proximity to Carbonear's amenities. There are a total of 13 living units, 11- 2 bedroom units and 2 - 1 bedroom units. This property was professionally developed and has been well maintained. There is professionally installed fire alarm and sprinklered system in the building. (id:13843)
MLS# | 1274171 |
---|---|
Listing Type | For Sale |
Style | Town House |
Status | Active |
Year | 1980 |
Days On Site | 227 |
Listing Provided By | RE/MAX Eastern Edge Realty Ltd. - Bay Roberts | FRANK EVELY |
SQ Feet | 11,317 |
---|---|
Zoning | Comm. |
State | NL |
---|---|
City | Harbour Grace |
Zip Code | A0A2M0 |
Listing VS Median (in A0A2M0) | |
Price: $749,999 low | high Med: $227,350 SqFt: 11,317 low | high Med: 1,864 $ / SqFt: $66 low | high Med: $122 On Site: 227 low | high Med: 3.000000 |