$699,900

Investment For Sale In Clarenville, Newfoundland and Labrador

$699,900

Property Information:

A fantastic investment opportunity awaits you here at 36 Balbo Drive in Clarenville. What was once commercial office space has now been converted into 6 individual residential units. The 2021-2022 conversion allowed for 5 two bedroom units and a single one bedroom unit that is totally wheelchair accessible providing much needed housing options in the area. The units are bright and spacious with each being approximately 840 square feet, plus each unit has an outside patio area or deck. The building shows like new, and the units are highly sought after; making this real estate opportunity an income generating one.

Property Features:

  • Annual Tax Amount: $2,270
  • Built in: 2022
  • Driveway: Paved
  • Exterior: Vinyl
  • Features: Deck/Patio, Wheelchair Access
  • Floor Space (approx): 5160 Square Feet
  • Foundation: Apartment, Concrete, Fully Developed
  • Heating Cooling: Baseboard, Electric
  • Property Size: 4,051-7,250 sq ft
  • Road: Public
  • Roof: Shingle - Asphalt
  • Services: Cable, Electricity, High Speed Internet, Telephone
  • Style Of Dwelling: Detached, 6-10 Units
  • Title: Freehold
  • Year Built Description: Updated/Remodeled
  • Zoning: Res.
  • Water: Municipal
  • Sewer: Municipal

Courtesy of: Royal LePage Vision Realty

Data provided by: Newfoundland and Labrador Association of REALTORS® 28 Logy Bay Road, St. John’s, Newfoundland A1A 1J4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved