465 Ville Marie Drive, Marystown, Newfoundland & Labrador, A0E 2M0

MLS® # 1299237

Investment For Sale In Marystown, Newfoundland and Labrador

$289,900

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465 Ville Marie Drive, Marystown, NL - Outdoor With Body Of Water With View

465 Ville Marie Drive, Marystown, NL - Outdoor

Apartment #1 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Living Room

Apartment #1 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Kitchen

Apartment #1 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Bedroom

Apartment #1 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Bathroom

Apartment #2 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Kitchen

Apartment #2 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Kitchen With Double Sink

Apartment #2 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Dining Room

Apartment #2 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Living Room

Apartment #2 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Bedroom

Apartment #2 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Bathroom

Apartment #2 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Office

Apartment #3 - 465 Ville Marie Drive, Marystown, NL - Indoor

Apartment #3 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Kitchen

Apartment #3 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Bathroom

Apartment #3 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Laundry Room

Apartment #3 - 465 Ville Marie Drive, Marystown, NL - Indoor Photo Showing Bedroom

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465 Ville Marie Drive, Marystown, Newfoundland & Labrador, A0E 2M0

$289,900

Property Information:

Rare waterfront investment opportunity with stunning ocean views and proven income already in place. Whether you’re looking to expand your investment portfolio or take your first step into homeownership, this versatile 3-unit property offers exceptional flexibility and earning potential. Currently generating $2,800 per month (plus utilities), the property features three self-contained units, each offering 2 bedrooms, 1 bathroom, in-unit laundry, and a bright open-concept layout. Extensively renovated in 2018, the property shows like new with updated electrical, PEX plumbing, baseboard heaters and thermostats, along with updated kitchens, bathrooms, and flooring throughout. These improvements provide peace of mind and help minimize future maintenance costs. Waterfront multi-unit properties with established rental income are a rare find. Live in one unit while the others help offset your mortgage, or maximize the investment potential by continuing to operate all three units. With breathtaking ocean views, strong income, and extensive upgrades already completed, this is an opportunity you won’t want to miss. Book your private viewing today! (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Architectural Style: 2 Level
Exterior Finish: Vinyl siding
Floor Space: 2730 sqft Square Feet
Flooring Type: Laminate, Other
Foundation Type: Concrete
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Baseboard heaters
Heating Fuel: Electric
Appliances: Refrigerator, Stove, Washer, Dryer

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Access Type: Water access, Year-round access
Amenities Nearby: Recreation, Shopping
Built in: 1975
Floor Space (approx): 2730 Square Feet
Irregular: Yes
Landscape Features: Landscaped
Lot Size: O.0970 HA
View Type: Ocean view
WaterFront Type: Waterfront
Zoning: Residential
Sewer: Septic tank

Rooms:

Bathroom 2nd Level 6 x 7
Bedroom 2nd Level 10.6 x 10.6
Bedroom 2nd Level 9.7 x 12
Kitchen 2nd Level 9 x 10.2
Living 2nd Level 16.6 x 14.2
Bathroom Main Level 6 x 6.6
Bedroom Main Level 10.3 x 11.1
Bedroom Main Level 10.1 x 12.2
Kitchen Main Level 14.1 x 10.3
Breakfast Main Level 5.8 x 9.2
Bathroom Main Level 6 x 7
Bedroom Main Level 10.6 x 10.6
Bedroom Main Level 9.7 x 12
Kitchen Main Level 9 x 10.2
Living Main Level 16.6 x 14.2

Courtesy of: 3% Realty East Coast

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Market Price Trends

Single family detached

15.06%

Price change (1 year)

53.88%

Price change (5 years)

All Properties

14.96%

Price change (1 year)

53.84%

Price change (5 years)

Location of 465 Ville Marie Drive, Marystown, Newfoundland & Labrador, A0E 2M0

Lifestyle
Neighbourhood

Demographic Information of 465 Ville Marie Drive, Marystown, Newfoundland & Labrador, A0E 2M0

Life Stage

Older Couples

Employment Type

Blue Collar/Primary

Average Household Income

$88,647.54

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.15 %

High school certificate or equivalent

23.66 %

Apprenticeship trade certificate/diploma

13.34 %

College/non-university certificate

29.94 %

University Degree

12.91 %

Commuter

Travel To Work

By Car

91.99 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

8.01 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.85 %

Houses

91.15 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Rooms:

Market Price Trends

Single family detached

All Properties

Location of 465 Ville Marie Drive, Marystown, Newfoundland & Labrador, A0E 2M0

Demographic Information of 465 Ville Marie Drive, Marystown, Newfoundland & Labrador, A0E 2M0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

465 Ville Marie Drive, Marystown, Newfoundland & Labrador, A0E 2M0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing