For sale · MLS® 1302898
113 -117 Longs Hill
St. John's, NL, A1C1V4
List price
$375,000
About this propertyMLS® 1302898
PRIME LONG’S HILL MIXED-USE OPPORTUNITY! A fantastic opportunity to own a Commercial Mixed Use property in the heart of St. John’s, offering both immediate income and future potential. The main-level commercial space is currently occupied by a restaurant tenant on a month-to-month tenancy, providing flexibility for the new owner. The upper-level apartment is vacant, offering the opportunity to generate additional rental income or use the space for your own purposes. Located in a highly walkable area with a variety of restaurants, businesses, services and amenities nearby, this property offers plenty of possibilities for investors and owner-users alike. The commercial space is currently configured for restaurant use. The tenant owns the decorative items, décor and stove, which are not included in the sale. Chairs and fixed items belonging to the property remain. On-street parking only. Whether you're looking for an investment property, a commercial space with residential income potential, or an opportunity to make the property your own, 113–117 Long’s Hill is worth a look! (id:56688)
Property details
Coordinates: [47.564344, -52.713893]
Rooms
Basic Calculator
First Mortgage: $300,000
Mortgage insurance premium: $0
Total Financing: $300,000
Rough closing fee (1.5%): ~ $5,625
Total downpayment with estimated closing fee: $80,625
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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