For sale · MLS® 1303251
29 Howley Ave Extension
St. John's, NL, A1C2T3
List price
$499,900
About this propertyMLS® 1303251
Located in a centre-city location, this well-positioned residential/commercial property offers an excellent opportunity for investors looking to add a fully rented income-producing property to their portfolio. The building features two residential apartments, including a 2-bedroom and a 3-bedroom unit, along with two commercial spaces, providing a diverse mix of rental income. All four spaces are currently fully rented, offering immediate cash flow and an attractive investment opportunity. The central location provides excellent visibility and accessibility, making the commercial spaces well suited for a variety of business uses, while the residential units offer convenient city living close to amenities, shopping, services, and more. With its combination of residential and commercial income, centre-city location, and 100% occupancy, this property presents a great opportunity for both seasoned investors and those looking to expand their real estate portfolio. A solid income-producing property in a location where convenience and opportunity come together. (id:56688)
Property details
Coordinates: [47.565739, -52.720138]
Rooms
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
| Monthly | Yearly | |
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| 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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