For sale · MLS® 1304816
48 Main Street
Elliston, NL, A0C1N0
List price
$499,000
About this propertyMLS® 1304816
Located in the Town of Elliston is this wonderful business opportunity. There is a 1 bedroom apartment attached to the building and enough land to build cottages on. The apartment is approximately 500 sq ft. With a living room, kitchen, 1 bedroom, bathroom, and laundry room. Currently the store carries Newfoundland att, hoodies, T-Shirts, outerwear, NL Candy, souvenirs, Collectibles, giftware, NL Items, ice cream and more. Please Note: This property is Hst applicable, both business and land are being sold, and inventory along with fixtures to be negotiated at time of sale. (id:56688)
Specifications
Property details
Room by room
Rooms
The essentials
Location, air, flood & taxes
Elevation
7 m above sea level
Property tax
$1,513 / year
≈ $126 / month
Nearby & drive routes
3 places shown · OpenStreetMap · OSRM
Groceries 1
Cafés 1
Parks 1
Plan ahead
Calculators & neighbourhood
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Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$127/mo
Principal & interest $0 + property tax $127 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-126
NOI / month
$-126
Cap rate
-0.30%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $127 | $1,513 |
| Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-126 | $-1,512 |
| NOI | $-126 | $-1,512 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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Keller Williams Platinum Realty
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