$ 1.300.000

6 Muddy Hole Road, Spaniards Bay

  • Living area: 12000 square feet
  • Type: Multifamily
  • Added: 173 days ago
  • Updated: 44 days ago
  • Last Checked: 8 hours ago
Now selling with 2.1 acres of extra land included; enough for 20 more units. Welcome to beautiful Oceanview Terrace, across from the beach in Historic Spaniards Bay, next to Bay Roberts, Newfoundland. An hours drive from downtown St. John's and a stone’s throw from the beach. Investors take note: A modern and immaculate 12 unit Apartment building renovated from the ground up in 2016. The units are lovely inside. Very modern, well built and maintained, All have air exchangers, fridge, stove, OTC microwave and dishwashers. 8 units have 2BRs, 1 Bathroom, and are Wheelchair/Accessible. 1 unit is 1 BR, 1 Bath Rm Wheelchair accessible. 3 units are 2 BRs, 2 Full bathrooms, and ocean view, larger finer units, NOT w/c accessible but can be. The building is fire rated, has insulated walls separating which makes it very quiet and very economical for heating. Winter heating cost for tenants usually not above $200/month. ZERO vacancy since construction. There’s a waiting list to move in this beautiful building on the Ocean’s edge. Each unit has a small cold storage closet outside. (id:1945)
powered by
Ratehub.ca

Property DetailsKey information about 6 Muddy Hole Road

  • Heating: Baseboard heaters, Electric
  • Year Built: 2016
  • Structure Type: Multi-Family
  • Exterior Features: Vinyl siding
  • Foundation Details: Concrete Slab

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Laminate, Other
  • Appliances: Refrigerator, Dishwasher, Stove
  • Living Area: 12000

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 6 Muddy Hole Road

  • Water Source: Municipal water
  • Lot Size Dimensions: 1 acre

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 6 Muddy Hole Road

  • Tax Year: 2023
  • Tax Annual Amount: 10000
  • Zoning Description: Comm/Res mix
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
14
Min Price
$19,900
Max Price
$1,300,000
Avg Price
$230,479
Days on Market
102 days
Sold listings
3
Min Sold Price
$89,900
Max Sold Price
$280,000
Avg Sold Price
$179,633
Days until Sold
193 days

Nearby Places

Name
Type
Address
Distance
Ascension Collegiate
School
Conception Bay Highway
1.3 km
Holy Redeemer Elementary
School
2 Back Cove Rd N
1.4 km
Amalgamated Academy
School
Track Rd
1.7 km
Shearstown
It is part of the Town of Bay Roberts...
1.8 km
Jungle Jim's
Restaurant
Conbayhwy
2.1 km
Price Chopper
Grocery or supermarket
Beaver Plaza
2.1 km
Bay Roberts
The growth of the local economy can be connected t...
2.2 km
O'Neill's Gardenland
Establishment
Conception Bay Hwy
2.5 km
Atkinson Flowers
Food
153 Conception Bay Hwy
2.6 km
Kentucky Fried Chicken
Restaurant
Bay Roberts Shopping Ctr
2.6 km
Tim Hortons
Cafe
220 Conception Bay Hwy
2.9 km
Tilton, Newfoundland and Labrador
The first postmaster was Thomas E...
3.0 km
Additional Information about 6 Muddy Hole Road

This Multifamily at 6 Muddy Hole Road Spaniards Bay, NL with MLS Number 1272899 listed by DAVID NORRIS - RE/MAX Realty Specialists on Spaniards Bay market 173 days ago at $1,300,000

We have found 2 Multifamily that closely match the specifications of the property located at 6 Muddy Hole Road with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,200,000 and 1,350,000.

The current price of the property is $1,300,000, 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 16% down payment, the total amount borrowed would be $1,092,000. This would result in a monthly mortgage payment of $6,079 over a 25-year amortization period.

More Details?
DAVID NORRIS
  • DAVID NORRIS
  • RE/MAX Realty Specialists
  • 709-687-4700

Similar Multifamilys For Sale

Comparison of 6 Muddy Hole Road, Spaniards Bay, NL with Nearby Multifamilys
Nearby Cities Listings Avg. price
Conception Bay South Homes for Sale 112 $417.794
Paradise Homes for Sale 116 $539.967
St Johns Homes for Sale 330 $580.841
Pouch Cove Homes for Sale 68 $244.978
Grand Fallswindsor Homes for Sale 62 $323.493
Stephenville Homes for Sale 51 $308.158
Popular Cities Listings Avg. price
Moncton Homes for Sale 417 $518.243
Ottawa Homes for Sale 2082 $891.462
Kawartha Lakes Homes for Sale 546 $911.579
Oshawa Homes for Sale 473 $932.696
Other Homes for Sale 1303 $864.726
Fort Erie Homes for Sale 370 $971.463