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MLS® 1287703

  • Key Facts
  • Description
  • Map

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 1287703

Property Address: 503-507 Ville Marie Dr, Marystown, NL, A0E

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

Description

The Bayview is a well maintained 16 unit Apartment Building that consists of 8 two-bedroom and 8 three-bedroom 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® Number1287703
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1975
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
503-507 Ville Marie Dr, Marystown, NL

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