288-290 Duckworth Street photo 11 / 46

MLS #1291932

288-290 Duckworth Street

St. John's

$1,475,000

10,546 sqft
Business
Source Listing

Property Details

Iconic building for sale on the corner of Duckworth and Cathedral Street in the heart of downtown St. John’s. This building houses the world-famous Number 4 Restaurant, a two-story culinary masterpiece featuring one of the city’s best all-season covered decks, exceptional design, finishes, menu, bar menu, and execution. There are also four occupied apartment units with private entrances, decks, laundry, and modern finishes with much of the original character of the building maintained. On the Duckworth Street side, there’s a vacant main floor bar, well-established Tattoos by Gabby and Andrew on the second floor, and an additional vacant office space with a street-side entrance. This is an exceptional building, well-managed, and in good repair, with eight income-producing units. Please see the 3D tour, ask for the info package, or book a viewing, to own this special piece of downtown St. John’s. Note - in the 3D tour - there's additional links in the restaurant lobby to connect to each individual unit in the building. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$1,475,000
Down Payment - 9%$132,750
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$9,588

Mortgage Payment
$8,043
Property Tax
$1,045
Insurance
$150
Utilities
$350
Down Payment
$132,750
Loan Amount
$1,342,250
Total Interest
$1,070,771

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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