$ 1.300.000

16 A B And 18 Currie Avenue, Port Aux Basques

  • Type: Townhouse
  • Added: 631 days ago
  • Updated: 182 days ago
  • Last Checked: 12 hours ago
Now offering this one-of-a-kind investment opportunity in downtown Port aux Basques. The well-established Shark Cove Suites and Rentals is a turn-key opportunity waiting for new owners. This package includes two apartment buildings, a warehouse-style building with 2 residential units, and a serviced RV park area. The first building, 16 A Currie Avenue, has six two- bedroom units and two one-bedroom units. The second building, 16B Currie Avenue, has six three-bedroom units. The third building, 18 Currie Avenue, has two residential units, for a total of sixteen units in all. Twelve of the sixteen units come fully furnished. All units have their own laundry facility. These units can be utilized as long-term, weekly, or daily rentals, or a combination of the three. 18 Currie Avenue, the former Follows Wholesale building and later the Shark Cove Restaurant and Lounge, has two residential units upstairs and loads of space on the main floor to develop into additional business ventures or simply use as storage. Also included is a recently developed RV park with 18 serviced units for those travelers awaiting a ferry crossing or a long cross-island trek. This well-established business is a turn-key opportunity with growth potential. If you are in the market to broaden your investment portfolio or be your own boss, contact today to find out more. (id:1945)
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Show More Details and Features

Property DetailsKey information about 16 A B And 18 Currie Avenue

  • Heating: Baseboard heaters, Electric
  • Structure Type: Residential Commercial Mix

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Mixed Flooring

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 16 A B And 18 Currie Avenue

  • Lot Size Dimensions: 5312.8 sq m

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Business & Leasing InformationCheck business and leasing options available at 16 A B And 18 Currie Avenue

  • Business Type: Residential

Tax & Legal InformationGet tax and legal details applicable to 16 A B And 18 Currie Avenue

  • Tax Annual Amount: 12000
  • Zoning Description: Comm.
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Nearby Listings Stat

Active listings
5
Min Price
$59,000
Max Price
$1,300,000
Avg Price
$493,400
Days on Market
192 days
Sold listings
2
Min Sold Price
$114,900
Max Sold Price
$148,800
Avg Sold Price
$131,850
Days until Sold
124 days
Additional Information about 16 A B And 18 Currie Avenue

This Townhouse at 16 A B And 18 Currie Avenue Port Aux Basques, NL with MLS Number 1255219 listed by SCOTT STRICKLAND - Hanlon Realty on Port Aux Basques market 631 days ago at $1,300,000

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 17% down payment, the total amount borrowed would be $1,079,000. This would result in a monthly mortgage payment of $6,079 over a 25-year amortization period.

More Details?
SCOTT STRICKLAND
  • SCOTT STRICKLAND
  • Hanlon Realty
  • 709-694-3335
  • WebSite

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