About this propertyMLS® 1304198
Situated in the Town of Bishop's Falls is this large parcel of land with 50x160 developed warehouse space located at 84-90 Main Street. This property features a main retail and warehouse building with 8125 sqft of floor space , 4400 sqft detached storage building and an additional detached storage building with 1500 sqft of space . This property is situated on a large lot with 3.62 Acres of land . Interior of main building features retail space, office, bathroom and additional room that could be utilized as a second office or more storage as well as a warehouse out back for additional storage for materials . This building is heated by mini split heat pumps, baseboard heaters and fan forced with a 400 AMP electrical service. This property is being sold building , land and 2 outbuildings only . (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
12 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
Property tax
$3,071 / year
≈ $256 / month
Climate
Jan -3° · Jul 23°
normal daily high · WOODDALE BISHOP'S FALLS station · 1991–2020
Nearby & drive routes
2 places shown · OpenStreetMap · OSRM
Schools 2
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Calculators & neighbourhood
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Estimated monthly payment
$256/mo
Principal & interest $0 + property tax $256 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-1,312
NOI / month
$-1,312
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $256 | $3,071 |
| Expenses | $1,057 | $12,684 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-1,312 | $-15,744 |
| NOI | $-1,312 | $-15,744 |
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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