Buying or Selling your House in Western Newfoundland and Labrador

14 Ottawa Avenue

Happy Valley-Goose Bay, Newfoundland & Labrador

$699,900

Quick Summary

Location
Happy Valley-Goose Bay, Newfoundland & Labrador
Price
$699,900
Building Type
Multi-Family
Property Type
Single Family
Status
For sale
Area
n/a
Beds
0
Baths
n/a
Age
n/a
Postal Code
A0P 1E0
MLS®
1277622
Courtesy Of
Hanlon Realty
Database ID:46754 DDF Feed ID: 27440137 Latitude: 53.326951 Longitude: -60.40849

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:47053)

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Building Information

  • Building Type: Multi-Family
  • Baseboard heaters
  • Electric Heat
  • Vinyl siding
  • Flooring: Hardwood, Laminate
  • Concrete, Wood foundation
  • Municipal water

Full Details

MLS® Number:1277622
Ownership Type:Freehold
Price:$699,900
Property Type:Single Family
Transaction Type:For Sale
Zoning Description:Mixed
More Information Link: https://www.realtor.ca/real-estate/27440137/14-ottawa-avenue-happy-valley-goose-bay

Size Total Text:2 Parcels containing 2.471 acres|1 - 3 acres
Acreage:true
Sewer:Municipal sewage system
Size Irregular:2 Parcels containing 2.471 acres

Bedrooms Above Ground:0
Bedrooms Total:0
Appliances:Refrigerator, Stove, Washer, Dryer
Constructed Date:1954
Exterior Finish:Vinyl siding
Flooring Type:Hardwood, Laminate
Foundation Type:Concrete, Wood
Heating Fuel:Electric
Heating Type:Baseboard heaters
Type:Multi-Family
Utility Water:Municipal water
Listing information last updated on 2024-09-19 09:14:03 -0230
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