$ 799.999

346 Highway East, Victoria

  • Living area: 10000 square feet
  • Type: Multifamily
  • Added: 145 days ago
  • Updated: 144 days ago
  • Last Checked: 18 hours ago
Investment opportunity. This 14 unit apartment building generates approximately $121,000 per year gross income with operating expenses of approx. $15,000 this a great investment property with a very positive cash flow. The property is usually 100% occupied and the seller is selective as to tenants. The owner only in the past several months installed metal roofing over the entire building. Located in the heart of Victoria close to school and in a good area. This property is presently financed with a financial institution and the list price is less than a recently completed professional appraisal of the subject property. This is a great opportunity for an investment property. (id:1945)
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Show More Details and Features

Property DetailsKey information about 346 Highway East

  • Heating: Baseboard heaters, Electric
  • Year Built: 1960
  • Structure Type: Multi-Family
  • Exterior Features: Vinyl siding
  • Foundation Details: Concrete

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Laminate, Other
  • Appliances: Refrigerator, Stove
  • Living Area: 10000

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 346 Highway East

  • Water Source: Municipal water
  • Lot Size Dimensions: 99 x 240 x 108 x 245'

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 346 Highway East

  • Tax Year: 2024
  • Tax Annual Amount: 7806
  • Zoning Description: Comm.
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Nearby Listings Stat

Active listings
1
Min Price
$799,999
Max Price
$799,999
Avg Price
$799,999
Days on Market
144 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days
Additional Information about 346 Highway East

This Multifamily at 346 Highway East Victoria, NL with MLS Number 1274163 listed by FRANK EVELY - RE/MAX Eastern Edge Realty Ltd. - Bay Roberts on Victoria market 145 days ago at $799,999

The current price of the property is $799,999, 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 $647,999. This would result in a monthly mortgage payment of $3,741 over a 25-year amortization period.

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

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