Clarke Real Estate | St. John's | CBS | Newfoundland
346 Highway East Victoria, Newfoundland & Labrador A0A 3B0
$799,999
Investment opportunity. This 14-unit apartment building generates approximately $120,000 per year gross income with operating expenses of approx. $19,000 this a great investment property with a very positive cash flow. The property is usually fully occupied. The owner only in the past couple of years 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 and sale is HST applicable. (id:12973)
Property Details
| MLS® Number | 1295264 |
| Property Type | Other |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Appliances | Refrigerator, Stove |
| Constructed Date | 1960 |
| Construction Style Attachment | Detached |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Laminate, Other |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 6603 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 99 X 245 X 108 X 241' |
| Size Total Text | 99 X 245 X 108 X 241'|21,780 - 32,669 Sqft (1/2 - 3/4 Ac) |
| Zoning Description | Comm. |
https://www.realtor.ca/real-estate/29474993/346-highway-east-victoria
Interested?
Contact us for more information
Frank Evely
(709) 786-4494
remax-easternedge-nl.ca/
Po. Box 1084 Main Road
Bay Roberts, Newfoundland & Labrador A0A 1G0
(709) 786-2310
www.remax-easternedge.ca/
www.remax-easternedge.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
The Newfoundland & Labrador Association of REALTORS®
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
March 16 2026 03:52:51
