8
See all 8 photos
$699,900
Est. payment /mo
Active
14 Ottawa Avenue Happy Valley-goose Bay, NL A0P1E0
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 1277622
Originating Board Newfoundland & Labrador Association of REALTORS®
Year Built 1954
Property Description
If you are looking for a property with positive cash flow and a great amount of potential for further development, then look no further than 14 Ottawa Avenue! This property has 4 units currently all rented and for the past 3 years there has never been a vacancy for longer than 2 weeks. All units are electric heated with hot water radiation, include a fridge, stove and microwave, and some furnishings. The owner pays utilities for the units and collects rent monthly. The 1st floor has 2 units, Apartment A, 2 bedroom, approximately 550 sq ft rented for $1,500; and Apartment B, 3 bedroom approximately 1350 sq ft rented for $1,800. These units share a common area and a laundry room. The 2nd floor also has 2 units, Apartment C, 3 bedrooms with laundry and approximately 1500 sq ft rented for $1,000, and Apartment D a 1 bedroom with laundry approximately 750 sq ft rented for $900. BONUS is the currently vacant heated garage with drive-in access measuring approximately 1500 sq ft. The owner has had a property manager there daily to oversee any issues and all maintenance inside and outside. 2ND BONUS is potential revenue via the large undeveloped land that is cleared and all fenced with chain link. (id:24570)
Location
Province NL
Interior
Heating Baseboard heaters,
Flooring Hardwood, Laminate
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Hanlon Realty
GET MORE INFORMATION
Quick Search