For sale · MLS® 1284028
7 Michigan Drive
Stephenville, NL, A2N2Z5
List price
$549,000
About this propertyMLS® 1284028
Very well maintained building consisting of 8000 sq ft of open warehouse space. Located in Stephenville's Industrial area .....this building is great for storage for your business or make some money and rent storage space for summer vehicles being stored for the winter. Or lease out the whole building and it would pay for its self. Purchase price is HST Applicable (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
22 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$872 / year
≈ $73 / month
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
Nearby & drive routes
4 places shown · OpenStreetMap · OSRM
Schools 2
Health 1
Groceries 1
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$73/mo
Principal & interest $0 + property tax $73 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-72
NOI / month
$-72
Cap rate
-0.16%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $73 | $872 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-72 | $-864 |
| NOI | $-72 | $-864 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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