About this propertyMLS® 1298731
Welcome to 1190 Topsail Road, a rare opportunity to own a versatile property offering residential comfort, rental income, and outstanding future potential. Situated on a large corner lot with access from two roads, this fully developed property enjoys excellent visibility and accessibility, making it an attractive option for homeowners, investors, and entrepreneurs alike. The main residence features 3 spacious bedrooms, 2 bathrooms, and a double attached garage, providing ample space for family living. An additional 1-bedroom in-law suite offers excellent flexibility and currently generates approximately $800 per month in rental income, helping offset ownership costs. The property's corner lot location and generous frontage create endless possibilities for home-based businesses, future commercial ventures, redevelopment opportunities, or simply enjoying the extra space and convenience of a premium lot. Whether you're looking for a family home with supplemental income, a property to support your business ambitions, or a strategic investment in a high-visibility location, 1190 Topsail Road delivers exceptional value and limitless potential. Opportunities like this are increasingly hard to find along Topsail Road. Don't miss your chance to secure a property with income, flexibility, and future growth potential all in one package. (id:56688)
Property details
Coordinates: [47.528064, -52.825451]
Rooms
Basic Calculator
First Mortgage: $620,000
Mortgage insurance premium: $0
Total Financing: $620,000
Rough closing fee (1.5%): ~ $11,625
Total downpayment with estimated closing fee: $166,625
Investment Calculator:
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| 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 Ratio | NaN% | NaN% |
| Cash Flow | $0 | $0 |
| Net Operating Income (NOI) | $0 | $0 |
| Capitalization Rate | 0.00% | 0.00% |
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