Great Investment property in a highly sought after area for rental properties. For sale is this multi-unit apartment building. The building has an excellent occupancy rate and never any vacancies. Well-built property was constructed around 1974 to very high standards as it was originally built for a senior citizen`s home and was converted around 2010 for rental units with modern equipment and fixtures. Features 4-2 bedroom and 4-1-bedroom apartments generating great income. Property is located in a nice residential area of South River. Seller will be finishing the exterior siding prior to closing. The Vendor is very respectful to the tenants and all showings will have to be done with discretion and vendor will be present. The pictures are from 2023 as the seller is in the process of replacing the siding on the building and will have it completed prior to any potential sale.
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Zillow last checked:
Listing updated:
Listed by:
Frank Evely,
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
Source: Newfoundland and Labrador AR,MLS®#: 1295717
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Heating
Baseboard, Electric
Cooling
Electric
Appliances
Included: Refrigerator, Stove
Features
Flooring: Mixed
Interior area
Total structure area: 3,816
Total interior livable area: 3,816 sqft
Property
Parking
Parking features: Garage, Open
Has garage: Yes
Has uncovered spaces: Yes
Lot
Size: 0.6 Acres
Dimensions: 136 x 193.2
Features: Under 0.5 Acres
Details
Zoning description: RES/COMM
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Single Family Residence
Attached to another structure: Yes
Materials
Wood Siding
Foundation: Concrete, Partial, Undeveloped
Roof: Shingle - Asphalt
Condition
Year built: 1974
Utilities & green energy
Sewer: Septic Tank
Water: Drilled Well, Well
Utilities for property: Cable Connected, Electricity Connected, High Speed Internet, Phone Connected
Community & HOA
Location
Region: South River
Financial & listing details
Price per square foot: C$120/sqft
Annual tax amount: C$1,629
Date on market: 3/31/2026
F
Frank Evely
(709) 683-5255
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Source: Newfoundland and Labrador AR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.