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TelephoneEmail38 Hamlyn Road, St. John's, Newfoundland & Labrador, Canada A1E5X7

38 Hamlyn Road

St. John's, NL, A1E5X7

location

$315,000

38 Hamlyn Road St. John's Newfoundland & Labrador Canada A1E5X7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Hamlyn Road St. John's Newfoundland & Labrador Canada A1E5X7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Hamlyn Road St. John's Newfoundland & Labrador Canada A1E5X7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Hamlyn Road St. John's Newfoundland & Labrador Canada A1E5X7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Hamlyn Road St. John's Newfoundland & Labrador Canada A1E5X7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Hamlyn Road St. John's Newfoundland & Labrador Canada A1E5X7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Hamlyn Road St. John's Newfoundland & Labrador Canada A1E5X7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Hamlyn Road St. John's Newfoundland & Labrador Canada A1E5X7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Hamlyn Road St. John's Newfoundland & Labrador Canada A1E5X7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
38 Hamlyn Road St. John's Newfoundland & Labrador Canada A1E5X7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1266899):

Are you looking for a unique and profitable business opportunity in the food and entertainment industry? Look no further! We are excited to present a thriving restaurant business with lottery machines for sale. This well-established establishment is located in a prime location with a loyal customer base and offers an excellent chance to step into a turnkey operation. The current owners have decided to pursue other business ventures, creating a fantastic opportunity for passionate entrepreneurs to take over and continue the restaurant's successful legacy. if you have a passion for the culinary arts and the entertainment industry, this restaurant business with lottery machineS offers a fantastic chance to own a profitable and exciting venture. Don't miss this opportunity! (id:56688)

Property Details
MLS: 1266899
Listing ID: 26406352
Address: 38 Hamlyn Road, St. John's, Newfoundland & Labrador, Canada A1E5X7
Status: Active
Last updated: a year ago ( May 15, 2024 )
Property Type: Retail
Structure Type: Other
Ownership Type: Leasehold
Heating: Heat Pump, Electric, Propane
Price per sq ft: $
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Heat Pump, Electric, Propane
Common Interest: Leasehold
Business Type: Other, Restaurant, Retail and Wholesale
Number of photos available: 10
Rurl
Coordinates: [47.534849, -52.753656]

Rooms

Basic Calculator



First Mortgage: $252,000

Mortgage insurance premium: $0

Total Financing: $252,000

Rough closing fee (1.5%): ~ $4,725

Total downpayment with estimated closing fee: $67,725

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Investment Calculator:

MonthlyYearly
Gross Revenue$0$0
Gross rental income (income/principal ratio)0.000%0.000%
Mortgage$0$0
Monthly Expenses$394$4,728
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-394$-4,728
Net Operating Income (NOI)$-394$-4,728
Capitalization Rate-0.13%-1.50%
Capitalization Rate: -1.50%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $450,000