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CANLHarbour Grace1-24 Anna Pl
1-24 Anna Pl, Home with 0 bedrooms, 0 bathrooms and null parking in Harbour Grace NL | Image 1
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$2,790,000
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1-24 Anna Pl, Harbour Grace, NL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size 19411 sqft
Garage No
Maintenance Fees 
Taxes $9,840
Days Active 13
Approx. Age 2011
Avg. Price Per Sqft $143
MLS® Number 1289697

Property Address: 

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

Description

Located in the beautiful town of Harbour Grace, just one hour from the capital city, this 24-unit apartment complex is an exceptional opportunity for the savvy investor. The property is fully occupied with high-quality, long-term tenants and even maintains a waiting list-an investor’s ideal scenario. The current owner has chosen to rent to all 55 plus which has provided top notch tenants. Each unit features 2 bedrooms, a well-sized kitchen, living room, bathroom, and in-suite laundry. Several units boast stunning views of the bay, while others include basement space for additional storage. One unit has a full basement, and four units feature attached garages—highly sought-after by tenants. All units are separately metered and heated with electric baseboard heating.The complex consists of four single-story buildings. The first was constructed in 2010 and has 10 units that are all slab on grade. The 2nd was constructed in 2013 and has 6 units all with their own 4 foot concrete basement for storage. The 3rd and 4th buildings were constructed in 2017 using insulated concrete forms (ICF) for the exterior and adjoining walls. These buildings offer superior quality, excellent insulation, and minimal sound transfer between units. They are easy to heat and quiet!! Anna Place feels like its own private community located on a quiet public cul-de-sac that's owned and maintained by the town of Harbour Grace. Beyond its current strong performance, this property also offers tremendous potential for expansion with the adjoining vacant land, there is the possibility to increase the development to 60–70 units—truly a rare opportunity for any investor to own such a large, consolidated rental portfolio. Details can be provided!! All vinyl quality windows, quality doors and asphalt shingled roofs, these units don't require any up grades and won't for many years to come. Just let the investment do the work, and what an investment for the retirement portfolio! Call today! (id:58753)Show Description
MLS® Number1289697
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2011
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard heaters, Electric
A/C
Heating Fuel

Extras

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