For sale · MLS® 1304143
3-5 Roan Street
Corner Brook, NL, A2H5E3
List price
$129,000
About this propertyMLS® 1304143
Great affordable 2 unit property. Located seconds from Broadway and the Caribou Road Colemans, this property offers walking distance access to plenty of amenities. Both units offer 2 bedrooms and 1 bath and upstairs laundry. Property is currently occupied by two sets of very long term tenants who would love to remain in the home. Both units are currently rented at 500 pou. The home is heated by electric baseboards. This property could use a lot of work but there is great value in restoring this home. Priced to sell! (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Bath (# pieces 1-6) Bath (# pieces 1-6) | 3 pce 3pce |
The essentials
Location, air, flood & taxes
Elevation
33 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$2,826 / year
≈ $236 / month
Climate
Feb -3° · Jul 22°
normal daily high · CORNER BROOK station · 1991–2020
Nearby & drive routes
13 places shown · OpenStreetMap · OSRM
Schools 3
Groceries 3
Cafés 5
Parks 2
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
$236/mo
Principal & interest $0 + property tax $236 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-235
NOI / month
$-235
Cap rate
-2.19%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $236 | $2,826 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-235 | $-2,820 |
| NOI | $-235 | $-2,820 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
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Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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