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TelephoneEmail986 Conception Bay Highway, Conception Bay South, Newfoundland & Labrador, Canada A1X7S4

986 Conception Bay Highway

Conception Bay South, NL, A1X7S4

location

$249,900

986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
986 Conception Bay Highway Conception Bay South Newfoundland & Labrador Canada A1X7S4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1268348):

NEED HELP WITH THE FINANCING (client may help). Spacious lot with a large open building that offers versatile opportunities for various uses. "as is where is". Convenient parking available both in front and behind the building. The exterior is finished with durable vinyl siding. Inside, there are six bathrooms, and the upstairs features several rooms along with a full washroom. Additionally, there is a separate room that has its own entrance and washroom with a shower. The commercial property is situated in a prime location with stunning views of the ocean.as is where is (id:56688)

Property Details
MLS: 1268348
Listing ID: 26578162
Address: 986 Conception Bay Highway, Conception Bay South, Newfoundland & Labrador, Canada A1X7S4
Status: Active
Last updated: 15 hours ago ( Oct 29, 2024 )
Property Type: Business
Structure Type: Other
Ownership Type: Freehold
View: Ocean view
Heating: Oil
Flooring: Mixed Flooring
Living Area Total: 2,806 square feet
Price per sq ft: $90
Tax Annual Amount: $1,300
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Oil
Flooring: Mixed Flooring
Common Interest: Freehold
Business Type: Other, Retail and Wholesale, Arts and Entertainment
Building Features: Laundry Facility
Number of photos available: 19
Rurl
Coordinates: [47.491493, -53.031395]

Rooms

Basic Calculator



First Mortgage: $199,920

Mortgage insurance premium: $0

Total Financing: $199,920

Rough closing fee (1.5%): ~ $3,749

Total downpayment with estimated closing fee: $53,729

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$3,087$37,044
Gross rental income (income/principal ratio)1.235%14.824%
Mortgage$0$0
Monthly Expenses$313$3,756
Vacancy$155$1,853
Management Fee$247$2,964
Expense / Income Ratio10.14%10.14%
Cash Flow$2,373$28,476
Net Operating Income (NOI)$2,373$28,476
Capitalization Rate0.95%11.39%
Capitalization Rate: 11.39%
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).): $357,000