For sale · MLS® 1303274
10 STATION Road
ST.GEORGE'S, NL, A0N1Z0
List price
$110,000
About this propertyMLS® 1303274
Potential Investment!! This large property sits on a 3/4 acre lot. With 5 fairly large bedrooms and a kitchen, this could be made into a successful air bnb/ motel with a restaurant. Downstairs boasts a large room to be used as a bar/ commercial business and a smaller 2 bedroom apartment to either rent out or have live in owners run the business.10 Station is located near all amenities... 700 ft from the ocean. Property needs a complete overhaul, but for the right person with a vision it has strong bones. Please note property smells musky on the lower level and some mold located on the lower wall in the apartment bedrooms. Pictures are hard to do this justice and get a feel for what you are working with. (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Bedroom Bedroom Kitchen Living room | 10.00 X 12.00 10.00 X 12.00 .00 X 0.00 12.00 X 19.00 |
| Main level | Storage Bedroom Bedroom Bedroom Bedroom Living room Dining nook | 4.00 X 18.00 12.50 X 14.50 8.00 X 18.00 11.50 X 18.50 11.50 X 18.50 9.00 X 13.00 12.60 X 36.60 |
The essentials
Location, air, flood & taxes
Elevation
4 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
Nearby & drive routes
3 places shown · OpenStreetMap · OSRM
Schools 2
Groceries 1
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-138
NOI / month
$-138
Cap rate
-1.51%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $138 | $1,656 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-138 | $-1,656 |
| NOI | $-138 | $-1,656 |
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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