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11 OMahony Drive photo 11 / 13

MLS #1295198

11 OMahony Drive

Clarenville

$849,000

10,320 sqft
Other
Source Listing

Property Details

New rental unit buildings in highly visible commercial area. The property consists of 3 buildings with a total of 72 rental units. 34 units are heated and the remaining 38 are un heated. The layout provides for a convenient drive through setup for easy access. Units vary is size with a mixture of 8ft 10ft and 12 foot units. Each unit is 14 feet deep and is finished with metal siding on the interior walls and ceilings to help absorb any accidental impacts. Great investment opportunity right in the heart of Clarenville's busy commercial area!! (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$849,000
Down Payment - 8%$67,920
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$5,782

Mortgage Payment
$4,681
Property Tax
$601
Insurance
$150
Utilities
$350
Down Payment
$67,920
Loan Amount
$781,080
Total Interest
$623,101

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

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