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14 Ottawa Avenue
14 Ottawa Avenue
NEW
Happy Valley-Goose Bay, Newfoundland & Labrador
$550,000
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Quick Summary
Location
Happy Valley-Goose Bay, Newfoundland & Labrador
Price
$550,000
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®
1292284
Courtesy Of
BlueKey Realty Inc.
Database ID:61458 DDF Feed ID: 29069216 Latitude: 53.327794 Longitude: -60.409683
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 3 units currently rented and the 4th is undergoing repairs, however, for the past 5 years there has rarely been a vacancy of those 3 units 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 and have rented in the past for $1,500; and Apartment B, 3 bedroom approximately 1350 sq ft and has been rented in the past for $1,800 (currently vacant for repairs). 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
Flooring: Hardwood, Laminate
Municipal water
Full Details
General
MLS® Number:
1292284
Equipment Type:
None
Ownership Type:
Freehold
Price:
$550,000
Property Type:
Single Family
Rental Equipment Type
None
Transaction Type:
For Sale
Zoning Description:
Mixed
More Information Link:
https://www.realtor.ca/real-estate/29069216/14-ottawa-avenue-happy-valley-goose-bay
Land
Size Total Text:
2 Parcels containing 2.471 acres|1 - 3 acres
Acreage:
true
Fence Type:
Fence
Sewer:
Municipal sewage system
Size Irregular:
2 Parcels containing 2.471 acres
Building
Bedrooms Above Ground:
0
Bedrooms Total:
0
Architectural Style:
2 Level
Constructed Date:
1954
Flooring Type:
Hardwood, Laminate
Heating Fuel:
Electric
Heating Type:
Baseboard heaters
Type:
Multi-Family
Utility Water:
Municipal water
Listing information last updated on 2025-11-05 11:12:43 -0330
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