For sale · MLS® 1300512
0 School Road
Badger, NL, A0H1A0
List price
$104,000
About this propertyMLS® 1300512
Priced Reduced!!Opportunity awaits with this spacious former Sacred Heart Parish Centre, ideally located in the Town of Badger along the route to the newly developed Valentine Lake Gold Mine! Situated on a lot just under half an acre, the property offers ample parking and includes a 16' x 20' storage shed constructed in recent years. This 4,311 sq. ft. building features a durable vinyl exterior with Styrofoam insulation beneath the siding and aluminum eavestroughs. Heating is provided by a forced-air oil furnace with a certified oil tank (valid until November 2039), complemented by four mini-split heat pumps for efficient year-round heating and cooling. The building is serviced by a 200-amp electrical panel. Inside, the property offers a functional layout that includes main entrance foyer plus two emergency exit doors; large auditorium measuring approximately 28'6"" x 69' with stage overlooking the auditorium; bar room; fully equipped kitchen (appliances included) ; furnace/utility room; coat room, two washrooms; several storage rooms. Combination of hardwood and vinyl laminate flooring throughout most of the building. With its generous size, ample parking, and versatile layout, this property presents endless possibilities for a variety of commercial, community, recreational, or institutional uses, subject to applicable zoning and approvals. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
103 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
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Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-130
NOI / month
$-130
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $130 | $1,560 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-130 | $-1,560 |
| NOI | $-130 | $-1,560 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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Keller Williams Platinum Realty
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