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TelephoneEmail571 Empire Ave Parcel B, St. John's, Newfoundland & Labrador, Canada A1E1X1

571 Empire Ave Parcel B

St. John's, NL, A1E1X1

location

$74,900

571 Empire Ave Parcel B St. John's Newfoundland & Labrador Canada A1E1X1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1272520):

Seize the opportunity to own one of the best-priced serviced building lots in the heart of the city! This prime lot, approved for residential construction, is ideal for the savvy investor looking to build a dream home, a two-apartment dwelling, or an investment property. Centrally located, the lot includes a garage for added convenience and value, with services conveniently located out front. This is a fantastic opportunity to invest in a prime piece of real estate, offering potential in an unbeatable location. Act now to secure this rare find and start! (id:56688)

Property Details
MLS: 1272520
Listing ID: 26931284
Address: 571 Empire Ave Parcel B, St. John's, Newfoundland & Labrador, Canada A1E1X1
Status: Active
Last updated: 7 months ago ( Jun 12, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Tax Annual Amount: $728
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.547609, -52.752276]

Rooms

Basic Calculator



First Mortgage: $59,920

Mortgage insurance premium: $0

Total Financing: $59,920

Rough closing fee (1.5%): ~ $1,124

Total downpayment with estimated closing fee: $16,104

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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$0$0
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioNaN%NaN%
Cash Flow$0$0
Net Operating Income (NOI)$0$0
Capitalization Rate0.00%0.00%
Capitalization Rate: 0.00%
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).): $107,000