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.
For sale
C$749,999
97 - 101 Harvey Street, Harbour Grace, NL A0A2M0
25beds
--baths
11,317sqft
Retail, Multi Family, Single Family Residence
Built in 1980
-- sqft lot
$-- Zestimate®
C$66/sqft
C$-- HOA
What's special
- 45 days
- on Zillow |
- 13 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 13, 2025 at 02:13am
Listed by:
Frank Evely,
RE/MAX Eastern Edge Realty Ltd. - Bay Roberts
Source: Newfoundland and Labrador AR,MLS®#: 1282495

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 25
Heating
- Baseboard, Electric
Cooling
- Electric
Appliances
- Included: Refrigerator, Stove, Washer, Dryer
Features
- Flooring: Cushion/Tile/Lino
- Basement: Full
Interior area
- Total structure area: 11,317
- Total interior livable area: 11,317 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Dimensions: 206 x 91 x 195 x 99.9'
- Features: Bus Service, Under 0.5 Acres
Details
- Zoning description: Comm.
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Retail, Multi Family, Single Family Residence
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Concrete, Low, Undeveloped
- Roof: Torched-on
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, High Speed Internet, Phone Connected
Community & HOA
Community
- Security: Alarm System
Location
- Region: Harbour Grace
Financial & listing details
- Price per square foot: C$66/sqft
- Annual tax amount: C$7,784
- Date on market: 3/12/2025
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