$1,300,000

House For Sale In Spaniards Bay, Newfoundland and Labrador

$1,300,000

Property Information:

Welcome to beautiful Oceanview Terrace, across from the beach in Historic Spaniards Bay, next to Bay Roberts, Newfoundland. An hours drive from downtown St. John's and a stone’s throw from the beach. Investors take note: A modern and immaculate 12 unit Apartment building renovated from the ground up in 2016. The units are lovely inside. Very modern, well built and maintained, All have air exchangers, fridge, stove, OTC microwave and dishwashers. 8 units have 2BRs, 1 Bathroom, and are Wheelchair/Accessible. 1 unit is 1 BR, 1 Bath Rm Wheelchair accessible. 3 units are 2 BRs, 2 Full bathrooms, and ocean view, larger finer units, NOT w/c accessible but can be. The building is fire rated, has insulated walls separating which makes it very quiet and very economical for heating. Winter heating cost for tenants usually not above $200/month. ZERO vacancy since construction. There’s a waiting list to move in this beautiful building on the Ocean’s edge. Each unit has a small cold storage closet outside. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Construction Style - Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Flooring Type: Laminate, Other
  • Foundation Type: Concrete Slab
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: Dishwasher, Refrigerator, Stove

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Built in: 2016
  • Irregular: Yes
  • Lot Size: 1 acre
  • Zoning: Comm/Res mix
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX Realty Specialists

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.