$899,000 FOR SALE

Business for Sale

General Commercial

2-6 Powerhouse Road
Bishop's Falls, NL A0H 1C0

Welcome to Fallsview Apartments located in the scenic Town of Bishop's Falls ! This 12 unit all on one level apartment building located adjacent to the beautiful Fallsview Municipal Park makes this property very desirable to potential tenants. Main level of building features four 2 bedroom and eight 1 bedroom apartments , common lounge area at front of building with kitchenette that could easily be renovated into a 13th 2 bedroom unit for additional rental income. Also on main level you have a main common hallway, common washroom, shared laundry room for tenants , electrical room, janitors closet, storage room and mail is delivered directly to residence living in building through mailbox's . Exterior of building is fully landscaped, paved multi vehicle parking lot , detached garage, mostly fenced, building is finished with vinyl siding, vinyl windows and asphalt shingles. Some newer renovations include interior plumbing renos, new carpet installed throughout most of building, all new vinyl windows installed and new asphalt shingles. This property is situated on a large lot with 3.395 acres of land that has great potential for future development of new multi unit apartment buildings, so not only is this property a great investment the way it is right now it could also be a great investment property on a much larger scale! All units are on separate meters with tenants paying their own utilities. (id:47423)

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Listed By Keller Williams Platinum Realty - Grand Falls
Data Provided By Newfoundland & Labrador Association of REALTORS®
MLS® Listing Number 1280046
Last Updated Nov 29, 2024
Property Summary
Property Type Business For Sale

More like this:
Use General Commercial
Franchise Non-Franchise
Price History
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Detailed Information
Amenities Nearby Recreation
Equipment None
Listing Contract Date 2024-11-28
Ownership Type Freehold
Property Type Business
Rental Equipment None
Transaction Type For sale
Views View
Zoning Description Commercial
Business
Business Type Other, Residential
Business Subtype General commercial, Residential
Building
Amenities Laundry Facility
Constructed Date 1987
Flooring Type Carpeted, Laminate, Other
Heating Fuel Electric
Heating Type Baseboard heaters
Type Other
Land
Total Size 3.395 Acres | 3 - 10 acres
Access Type Year-round access
Acreage Yes
Amenities Recreation
Landscape Features Landscaped
Size of Irregular Land 3.395 Acres

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