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TelephoneEmail59 Lime Street, St. John's, Newfoundland & Labrador, Canada A1C4H7

59 Lime Street

St. John's, NL, A1C4H7

location

$70,000

59 Lime Street St. John's Newfoundland & Labrador Canada A1C4H7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Lime Street St. John's Newfoundland & Labrador Canada A1C4H7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Lime Street St. John's Newfoundland & Labrador Canada A1C4H7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
59 Lime Street St. John's Newfoundland & Labrador Canada A1C4H7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1276419):

Rare opportunity to build right in the heart of downtown St. John’s on this vacant building lot. The property is a minutes walk from the many amenities in the downtown core including shopping, restaurants, coffee shops and microbreweries. The parcel features a view of the St. John’s harbor and is level, cleared and ready for development. The lot measures approximately twenty-two feet by sixty-six feet and is currently zoned residential downtown. Any permits or Approvals from the City of St. John’s are the responsibility of the purchaser. Any applicable HST is the responsibility of the purchaser. (id:56688)

Property Details
MLS: 1276419
Listing ID: 27315159
Address: 59 Lime Street, St. John's, Newfoundland & Labrador, Canada A1C4H7
Status: Active
Last updated: 16 days ago ( Aug 22, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: View
Sewer: Municipal sewage system
Price per sq ft: $
Tax Annual Amount: $533
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: 4
Rurl
Coordinates: [47.562163, -52.713431]

Rooms

Basic Calculator



First Mortgage: $56,000

Mortgage insurance premium: $0

Total Financing: $56,000

Rough closing fee (1.5%): ~ $1,050

Total downpayment with estimated closing fee: $15,050

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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$88$1,056
Vacancy$0$0
Management Fee$0$0
Expense / Income RatioInfinity%Infinity%
Cash Flow$-88$-1,056
Net Operating Income (NOI)$-88$-1,056
Capitalization Rate-0.13%-1.51%
Capitalization Rate: -1.51%
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).): $100,000