1 24 Anna Place, Harbour Grace

Living area: 19411 square feet
Added: 3 days ago
Updated: 3 days ago
Last Checked: 2 hours ago
Listed by: Royal LePage Vision Realty
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Listing description
This Other at 1 24 Anna Place Harbour Grace, NL with the MLS Number 1289697 listed by CLAUDE AUCOIN - Royal LePage Vision Realty on the Harbour Grace market 3 days ago at $2,790,000.

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:1945)

Property Details Key information about 1 24 Anna Place

Heating:
- Baseboard heaters
- Electric
Structure Type: Residential Commercial Mix

Exterior & Lot Features Learn about the exterior and lot specifics of 1 24 Anna Place

Lot Size Dimensions: 1.705 Acres

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Nearby Listings Stat Estimated price and comparable properties near 1 24 Anna Place

Active listings

Min Price

$24,500

Max Price

$2,790,000

Avg Price

$238,541

Days on Market

154 days

Sold listings

Min Sold Price

$24,900

Max Sold Price

$440,000

Avg Sold Price

$301,633

Days until Sold

21 days

Nearby Places Nearby schools and amenities around 1 24 Anna Place

Harbour Grace Primary (1.6 km)
Harbour Grace

Hotel Harbour Grace (0.3 km)
Water St, Harbour Grace

Rothesay House Inn (1.3 km)
34 Water St W, Harbour Grace

Rose Manor B & B (1.9 km)
43 Water St E, Harbour Grace

Harbour Grace Airport (1.8 km)
Harbour Grace

Kay's Restaurant & Takeout (2 km)
Harvey, Harbour Grace

Fong's Restaurant (4.5 km)
143 Columbus Dr, Carbonear

Walmart Carbonear Store (3.5 km)
Columbus Dr, Carbonear

Shoppers Drug Mart (4.4 km)
16 Goff Ave, Carbonear

Canadian Tire (4 km)
95 Columbus Dr, Carbonear

Foodland Carbonear (4.2 km)
Goff Ave, Carbonear

Tim Hortons (4.4 km)
102 Columbus Dr, Carbonear

Trinity Conception Square (4.4 km)
120 Columbus Dr, Carbonear

Sophia's Heritage Inn (5.7 km)
150 Water St, Carbonear

Price History

Listed

September 2, 2025

by Royal LePage Vision Realty

For Sale