About this propertyMLS® 1304433
RE SHAPE YOUR SPACE HERE DOWMTOWN COMMERCIAL GEM IS NOW BEING OFFERED FOR SALE. STEP INTO THIS UNIQUE 3600 SQ FT SPACE,NESTLED AMIDST THE ICONIC JELLYBEAN ROW THE CHARM OF DOWNTOWN ST JOHN'S. PERFECT FOR A BOUTIQUE,RETAIL,PROFESSIONAL OFFICES OR GALLERY. THIS ADAPTABLE PROPERTY NOW OFFERS MAIN FLOOR RETAIL VISIBILITY AND UPPER LEVEL OFFICE POTENTIAL PLUS A FULL HEIGHT BASEMENT AREA .THIS PROPERTY OFFERS A GREAT CENTRAL LOCATION WITH MODERN AMENITTIES AND EASY ACESS BOTH EAST AND WEST. OPEN YOUR BUSINESS AND BE PART OF THE VIBRANT HEART OF ST JOHN'S. HST APPLICABLE PROPERTY COULD ALSO BE AVAILABLE FOR LEASE. WAS ONCE A HOME COULD BE AGAIN OR KEEP THE COMMERCIAL SPACE ON THE MAIN AND RESIDENTIAL UP ON THE SECOND FLOOR (id:56688)
Property details
Coordinates: [47.568279, -52.708299]
Rooms
Basic Calculator
First Mortgage: $279,600
Mortgage insurance premium: $0
Total Financing: $279,600
Rough closing fee (1.5%): ~ $5,243
Total downpayment with estimated closing fee: $75,143
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,640 | $31,680 |
| Gross rental income (income/principal ratio) | 0.755% | 9.064% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $437 | $5,244 |
| Vacancy | $132 | $1,584 |
| Management Fee | $212 | $2,535 |
| Expense / Income Ratio | 16.55% | 16.55% |
| Cash Flow | $1,860 | $22,320 |
| Net Operating Income (NOI) | $1,860 | $22,320 |
| Capitalization Rate | 0.53% | 6.39% |
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