90 Barters Hill
St. John's, NL, A1C4K7
$569,900
About the property (MLS: 1266599):
Wow! Stunning professional offices in the center of city with parking. This property has been tastefully restored both inside and out with new siding, windows and roof. The electric furnace hot water radiation system is supplemented with a dual mini-split heat pump system with 8 separate room heads. The property features exposed wood moldings and staircase, nine foot ceilings and cast iron fireplaces with wood mantles. All three floors are fully developed. The main floor features a reception room, executive offices, mid-level office and board room. The second floor features five offices. There are washrooms on 2 floors. The basement level includes a kitchenette, two offices and a file/storage/utility room. (id:56688)
Property Details
Listing ID: 26415620
Address: 90 Barters Hill, St. John's, Newfoundland & Labrador, Canada A1C4K7
Status: Active
Last updated: a year ago ( May 15, 2024 )
Year Built: 1949
Property Type: Retail
Structure Type: Retail
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Heating: Heat Pump, Baseboard heaters, Electric
Flooring: Hardwood, Other
Fencing: Partially fenced
Living Area Total: 3,792 square feet
Price per sq ft: $151
Tax Annual Amount: $3,360
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Heat Pump, Baseboard heaters, Electric
Flooring: Hardwood, Other
Cooling: Air exchanger
Common Interest: Freehold
Business Type: Retail and Wholesale
Building Features: Canopy, Air Conditioning
Number of photos available: 28
Rurl
Coordinates: [47.561271, -52.716729]
Rooms
Basic Calculator
First Mortgage: $455,920
Mortgage insurance premium: $0
Total Financing: $455,920
Rough closing fee (1.5%): ~ $8,549
Total downpayment with estimated closing fee: $122,529
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,172 | $50,064 |
| Gross rental income (income/principal ratio) | 0.732% | 8.785% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $713 | $8,556 |
| Vacancy | $209 | $2,504 |
| Management Fee | $334 | $4,006 |
| Expense / Income Ratio | 17.09% | 17.09% |
| Cash Flow | $2,917 | $35,004 |
| Net Operating Income (NOI) | $2,917 | $35,004 |
| Capitalization Rate | 0.51% | 6.14% |
