$699,900

Marystown NL, A0E 2M0

MLS® # 1289181

Property Information:

Outstanding opportunity here to own a Multi-Residential "8" three bedroom unit apartment building in Marystown located close to the commercial hub of the town. Built in 1975, the property has an effective age of approximately 20 years. All units have a fridge & range. There is a washer hook up in each unit however the appliance is not provided. Communal laundry room with coin operated laundry. Units are renovated as tenants vacate. The existing plumbing was replaced within the past 5 years. 600 amp electrical panel. Original owner (5 decades) is selling multiple apartment buildings in Marystown. (id:27)

Building Features:

Style: Multiplex
Building Type: Residential Commercial Mix
Floor Space: 7490 sqft
Flooring Type: Laminate, Carpeted
Heating Type: Baseboard heaters
Heating Fuel: Electric

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Amenities Nearby: Shopping
Built in: 1972
Floor Space (approx): 7490 Square Feet
Irregular: Yes
Landscape Features: Partially landscaped
Lot Size: .60 acre
Zoning: RTC

Courtesy of: RE/MAX Infinity Realty Inc.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 13 Marine Drive, Marystown, Newfoundland & Labrador, A0E 2M0

Lifestyle
Neighbourhood

Demographic Information of 13 Marine Drive, Marystown, Newfoundland & Labrador, A0E 2M0

Life Stage

Older Couples

Employment Type

Blue Collar/Primary

Average Household Income

$87,343.42

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.49 %

High school certificate or equivalent

28.87 %

Apprenticeship trade certificate/diploma

15.28 %

College/non-university certificate

28.42 %

University Degree

7.94 %

Commuter

Travel To Work

By Car

88.78 %

By Public Transit

3.96 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

7.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.1 %

Houses

88.9 %

Own Vs. Rent