$ 459.000

151 Springfield Road, South River

  • Living area: 3816 square feet
  • Type: Multifamily
  • Added: 73 days ago
  • Updated: 72 days ago
  • Last Checked: 12 hours ago
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. (id:1945)
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Property DetailsKey information about 151 Springfield Road

  • Heating: Baseboard heaters, Electric
  • Year Built: 1974
  • Structure Type: Multi-Family
  • Exterior Features: Wood
  • Foundation Details: Concrete

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Mixed Flooring
  • Appliances: Refrigerator, Stove
  • Living Area: 3816

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 151 Springfield Road

  • Water Source: Drilled Well, Well
  • Lot Size Dimensions: 136 x 193.2'

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Utilities & SystemsReview utilities and system installations

  • Sewer: Septic tank

Tax & Legal InformationGet tax and legal details applicable to 151 Springfield Road

  • Tax Year: 2024
  • Tax Annual Amount: 1629
  • Zoning Description: RES/COMM
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Nearby Listings Stat

Active listings
7
Min Price
$32,500
Max Price
$459,000
Avg Price
$243,614
Days on Market
50 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

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Distance
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Clarke's Beach
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Makinsons
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Otterbury
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Additional Information about 151 Springfield Road

This Multifamily at 151 Springfield Road South River, NL with MLS Number 1277326 listed by FRANK EVELY - RE/MAX Eastern Edge Realty Ltd. - Bay Roberts on South River market 73 days ago at $459,000

We have found 6 Multifamily that closely match the specifications of the property located at 151 Springfield Road with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 285,000 and 419,000.

The current price of the property is $459,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 19% down payment, the total amount borrowed would be $371,790. This would result in a monthly mortgage payment of $2,146 over a 25-year amortization period.

More Details?
  • FRANK EVELY
  • RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
  • 709-683-5255
  • WebSite