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155 Marine Dr, Marystown, NL

Name: 155 Marine Dr, For Sale in Marystown - Zoocasa
Brand: RE/MAX Infinity Realty Inc.
SKU: 1287701
Price: 1599900 CAD

House

For Sale

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000

MLS® 1287701

Overview

Key Facts

Type Mixed Use

Levels Residential Income

Size 14158 sqft

Garage

Taxes $4,074

Days Active 327

Lot Size

Approx. Age 1975

Avg. Price Per Sqft $113

MLS® Number 1287701

Property Address: 155 Marine Dr, Marystown, NL, A0E2M0

Average square foot calculated using Size range provided by listing agent.

Description

Very well maintained 16 unit Apartment Building that consists of 8 two-bedroom (686 sq ft) and 8 three bedroom (834 sq ft) apartments that have historically been occupied by local mining and fishery companies and include internet, utilities and furnishings including oven, refrigerator, washer & Dryer. Property was built in the mid-1970's. Recent interior renovations have the property with an effective age of 15 years. The .57 acre lot is zoned ""Residential Traditional Community"" and backs onto the rocky coastline of Creston Inlet. Paved parking with some landscaping and a detached building used for main electrical service (800 amp main panel). 3576 sq ft on level one, two & three and 3430 sq ft in partially above ground basement for a total of 14, 158 sq ft. Based on the current pro-forma statement, this property is projected to achieve a capitalization rate (CAP Rate) of 7.4%, reflecting its potential return on investment relative to the purchase price. (id:58753)Show Description

MLS® Number1287701

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1975

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Map

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