For Sale: 14 Ottawa Avenue, Happy Valley-Goose Bay, NL - REW
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$529,999
0 bd • ba • sf • House
14 Ottawa Avenue
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$529,999

14 Ottawa AvenueHappy Valley-Goose Bay, NL, A0P 1E0

  • 0 Bed
  • Bath
  • Sqft
  • House

About this home

If you are looking for a property with positive cash flow and a great amount of potential for further development, then look no further than 14 Ottawa Avenue! This property has 3 units currently rented and the 4th is undergoing repairs, however, for the past 5 years there has rarely been a vacancy of those 3 units for longer than 2 weeks. All units are electric heated with hot water radiation, include a fridge and stove, and some furnishings. The owner pays utilities for the units and collects rent monthly. The 1st floor has 2 units, Apartment A, 2 bedroom, approximately 550 sq ft and have rented in the past for $1,500; and Apartment B, 3 bedroom approximately 1350 sq ft and has been rented in the past for $1,800 (currently vacant for repairs). These units share a common area and a laundry room. The 2nd floor also has 2 units, Apartment C, 3 bedrooms with laundry and approximately 1500 sq ft rented for $1,000, and Apartment D a 1 bedroom with laundry approximately 750 sq ft rented for $900. BONUS is the currently vacant heated garage with drive-in access measuring approximately 1500 sq ft. The owner has had a property manager there daily to oversee any issues and all maintenance inside and outside. 2ND BONUS is potential revenue via the large undeveloped land that is cleared and all fenced with chain link. (id:63626)
Listed by: Susan Murphy, BlueKey Realty Inc.

Home facts and features

Price details
List Price
$529,999
Gross Taxes for 2025
$3,944
Home facts
Bedrooms
0
Full Bathrooms
Property Type
House
Depth
Year Built
Built in 1954 (72 yrs old)
Title
Freehold
Style
2 Level
Heating Type
Baseboard heaters, Electric
Agent details
Primary Agent
Primary Broker
BlueKey Realty Inc.
Listing details
Days on REW
50 Days
MLS® Number
1296417
Source
Canadian Real Estate Association

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

King Street Elementary School
  • n/a
  • K - 5
  • In Catchment
Tommies II
  • n/a
  • 9 - 12
  • In Catchment
Dr. Losier Middle School
  • n/a
  • 6 - 8
  • In Catchment
James M. Hill Memorial High School
  • n/a
  • 9 - 12
  • In Catchment
Gretna Green School
  • n/a
  • K - 8
  • In Catchment
Miramichi Valley High School
  • n/a
  • 9 - 12
  • In Catchment
École Carrefour Beausoleil
  • n/a
  • K - 12
  • In Catchment
L.F.M. Memorial Academy
  • n/a
  • K - 12
  • In Catchment
Max Aitken Academy
  • n/a
  • K - 8
  • In Catchment
Nelson Rural School
  • n/a
  • K - 8
  • In Catchment
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Call Agent
Susan Murphy
Phone:
(709) 743-2462
Office:
709-682-5556
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