This is a fantastic investment opportunity. Listed below recently completed professional appraised value. The owner is moving his investments in a different direction and is offering this well established and reliable revenue generating property to the next investor with a reasonable rate of investment. The present rental income is approx. $100,000 annually, the vacancy rate is near zero and at the present time the unit is 100% occupied. Location is centrally located with easy access, large parking lot and close proximity to Carbonear's amenities. There are a total of 13 living units, 11- 2 bedroom units and 2 - 1 bedroom units. This property was professionally developed and has been well maintained. There is professionally installed fire alarm and sprinklered system in the building. This property is HST applicable. (id:27476)
