151 - 151A Springfield Road, South River , A0A3W0
Listing ID: 1265171
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$699,000
Price
3816
Sq. Ft.
Built: 1974
Listed: 3 months ago
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Property Description

Great Investment property in a highly sought after area for rental properties. For sale as a package deal is this multi-unit apartment building and detached 2000 Square foot garage. The building has an excellent occupancy rate and never any vacancies. Well build 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 and the garage is used by the owner for storage but could easily be rented for storage by the new owner for additional income. the garage has its own electrical service with a 200-amp breaker service. Property is located in a nice residential area of South River. The Vendor is very respectful to the tenants and all showings will have to be done with discretion and vendor will be present. (id:26452)

Other located at 151 - 151A Springfield Road. The property was built in 1974. 151 - 151A Springfield Road is in the SOUTH RIVER neighborhood. South River , and SOUTH RIVER are nearby neighbourhoods.
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Listed by: RE/MAX Eastern Edge Realty Ltd. - Bay Roberts ROYAL LEPAGE TEAM REALTY

Mortgage Estimation Calculate Your Own

20% down payment
$2,449
per month
35% down payment
$1,990
per month
50% down payment
$1,531
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

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Total Mortgage
$219,600
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