About this propertyMLS® 1300862
If you are looking for a building lot in the middle of the city on a quiet cul de sac, you have found it here at the top of Portugal Cove Place. 5,841 sq ft, close to the airport, the hospitals, MUN and Stavanger Drive, roughly ten minutes to just about everywhere you drive in a week, with Metrobus nearby. Portugal Cove Place is a great location to live or to build an investment property. R1 zoning allows for a two apartment home or more, with room for a backyard suite as well, subject to City approval. Live in one and rent the rest, or keep it simple and build a single family home with a yard. Build-to-suit options available if you would rather not run the project yourself. Purchaser is responsible for all permits. (id:56688)
Property details
Coordinates: [47.598589, -52.732591]
Rooms
Basic Calculator
First Mortgage: $72,000
Mortgage insurance premium: $0
Total Financing: $72,000
Rough closing fee (1.5%): ~ $1,350
Total downpayment with estimated closing fee: $19,350
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| 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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