For sale · MLS® 1298527
27 Main Street
Mount Moriah, NL, A0L1J0
List price
$69,900
About this propertyMLS® 1298527
This 1.4-acre property in Mount Moriah offers a unique opportunity for development, extending from Main Street to the Newfoundland T'Railway. The lot features expansive views of the bay and has existing water and sewer services connected to the current structure. The property is being offered for its land value, with the existing building included on an as-is basis. Any repairs, removal, or redevelopment of the structure will be the responsibility of the purchaser. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
37 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$1,300 / year
≈ $108 / month · assessment year 2026
Climate
Feb -3° · Jul 22°
normal daily high · CORNER BROOK station · 1991–2020
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Parks 1
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$109/mo
Principal & interest $0 + property tax $109 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-108
NOI / month
$-108
Cap rate
-1.85%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $109 | $1,300 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-108 | $-1,296 |
| NOI | $-108 | $-1,296 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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