For sale · MLS® 1302924
17 Main Street
St. Georges, NL, A0N0B9
List price
$50,000
About this propertyMLS® 1302924
Offering approximately 38 acres of land in St. George’s for just $50,000. This large parcel offers an excellent opportunity for development, investment, or future building potential. The property has a road on both sides, with each road extending approximately 50 metres into the property, providing existing access into the land. Approximately 4–5 potential building lots may be connected to municipal water and sewer, adding to the development potential of the property. With its substantial acreage, existing road access and proximity to municipal services, this property presents an opportunity to explore a variety of possibilities in a growing area. Please note: The stated acreage is approximate. Buyers are advised to verify servicing availability and development potential with the appropriate authorities. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
28 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$400 / year
≈ $33 / month
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$34/mo
Principal & interest $0 + property tax $34 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-33
NOI / month
$-33
Cap rate
-0.79%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $34 | $400 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-33 | $-396 |
| NOI | $-33 | $-396 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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