About this propertyMLS® 1301203
Check out this huge building at 55 Bob Clark Drive in Campbellton, NL. This is the former Salvation Army church that was a staple in the community for many years. This property has approximately 1700 square feet on the main level and nearly 1600 SFT in the basement for a total of 3300 SFT. This property is ocean front and can be utilized for many different things, such as apartments, a commercial business, a workshop or storage. There is a washroom on the main floor and one in the basement. There's also a very large kitchen in the basement which would be ideal for hosting events. The building is heated by oil with a new fiberglass tank with and it has a 100-amp service panel. This building is solid from top to bottom and the possibilities are endless. Come view it today. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$1,256 / year
≈ $105 / month
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$105/mo
Principal & interest $0 + property tax $105 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-161
NOI / month
$-161
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $105 | $1,256 |
| Expenses | $57 | $684 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-161 | $-1,932 |
| NOI | $-161 | $-1,932 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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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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