$ 699.900

36 Balbo Drive, Clarenville

  • Living area: 5160 square feet
  • Type: Multifamily
  • Added: 186 days ago
  • Updated: 24 days ago
  • Last Checked: 9 hours ago
A fantastic investment opportunity awaits you here at 36 Balbo Drive in Clarenville. What was once commercial office space has now been converted into 6 individual residential units. The 2021-2022 conversion allowed for 5 two bedroom units and a single one bedroom unit that is totally wheelchair accessible providing much needed housing options in the area. The units are bright and spacious with each being approximately 840 square feet, plus each unit has an outside patio area or deck. The building shows like new, and the units are highly sought after; making this real estate opportunity an income generating one. (id:1945)
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Property DetailsKey information about 36 Balbo Drive

  • Heating: Baseboard heaters, Electric
  • Year Built: 2022
  • Structure Type: Multi-Family
  • Exterior Features: Vinyl siding
  • Foundation Details: Concrete

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Laminate, Ceramic Tile
  • Living Area: 5160

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 36 Balbo Drive

  • Water Source: Municipal water
  • Lot Size Dimensions: 80x180

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 36 Balbo Drive

  • Tax Year: 2023
  • Tax Annual Amount: 2270
  • Zoning Description: Res.
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Nearby Listings Stat

Active listings
29
Min Price
$49,900
Max Price
$759,000
Avg Price
$320,997
Days on Market
211 days
Sold listings
9
Min Sold Price
$209,900
Max Sold Price
$479,900
Avg Sold Price
$349,889
Days until Sold
91 days

Nearby Places

Name
Type
Address
Distance
High Liner Foods Burin Plant
Food
100 Battery
0.2 km
Bruce's Recreation & Auto Centre Inc
Establishment
92 Balbo Dr
0.6 km
Man Point
Man Point is a settlement in Newfoundland and Labr...
0.6 km
Shoal Harbour
Shoal Harbour is a small community in Newfoundland...
0.9 km
Riverside Elementary
School
22 Thomas Pl
1.3 km
Grey River Lodge Ltd
Park
22 Riverview Dr
1.6 km
Booster Juice
Restaurant
Newfoundland and Labrador 1
1.8 km
A & W
Restaurant
6 Shoal Harbour Dr
1.8 km
Walmart - Clarenville
Department store
11 Shoal Harbour Dr
2.1 km
Young Drivers Of Canada
School
Clarenville
2.2 km
Debbie's Driving School
School
Clarenville
2.2 km
Save Easy
Grocery or supermarket
Clarenville Shopping Centre
2.2 km
Additional Information about 36 Balbo Drive

This Multifamily at 36 Balbo Drive Clarenville, NL with MLS Number 1272383 listed by ANDREW WINSOR - Royal LePage Vision Realty on Clarenville market 186 days ago at $699,900

We have found 6 Multifamily that closely match the specifications of the property located at 36 Balbo Drive with distances ranging from 2 to 5 kilometers away. The prices for these similar properties vary between 519,900 and 599,900.

The current price of the property is $699,900, 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 15% down payment, the total amount borrowed would be $594,915. This would result in a monthly mortgage payment of $3,273 over a 25-year amortization period.

More Details?
ANDREW WINSOR
  • ANDREW WINSOR
  • Royal LePage Vision Realty
  • 709-682-8133
  • WebSite