Address
97 - 101 Harvey Street Harbour Grace, NL
Price
$ 849,900
Property Attributes
  • ID#1226122
  • TypeMulti-Family
  • CityHarbour Grace
  • Postal CodeA0A 2M0
  • StyleDetached
  • Price$ 849,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11317
Listing Provided Courtesy Of:
Frank Evely with RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
Data Source:
RLP - CREA EN
Property Description

This is a fantastic investment opportunity. The owner is moving his investments in a different direction and is offering this well established and reliable revenue generating property to the next investor with a reasonable rate of investment. The list price is based on the actual rental income which the owner reports is presently set below market rental rates. The annual revenue could be increased by 20% by increasing present rents to the market rental rates. The vacancy rate is near zero as this location is centrally located with easy access, large parking lot and close proximity to Carbonear's amenities. There are a total of 13 living units, 11- 2 bedroom units and 2 - 1 bedroom units and there is a coin operated laundry facility which is lucrative. This property was professionally developed and has been well maintained and the present owner has done renovations and modernizations over the past year improving the condition even more. There is professionally installed fire alarm and sprinklered system in the building. All information is estimated and owner will supply income and expense statement verbally during showings and in writing complete with breakdown once an acceptable offer is received. (id:27)

General Features

Architectural Style 2 Level

Exterior Features

Lot Size 206 x 91 x 195 x 100'
Jumpid 14349600

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in A0A 2M0

Price
AVG $140K
$850K
Visits
AVG 18
497