56 Cashin Avenue photo 11 / 34

MLS #1295855

56 Cashin Avenue

St. John's

$624,900

3,260 sqft
Other
Source Listing

Property Details

INVESTMENT OPPORTUNITY! This well maintained, 5 unit apartment building, consisting of Two 2-Bedroom units, and 3 Bachelor units, is centrally located in close proximity to MUN, the Avalon Mall, and on all major bus routes. Each of the five units are spacious, bright & comfortable, with most units receiving a modern facelift within the past few years. The two-bedroom units are situated through the front ground-level entry door, and both feature laundry facilities in-unit, great sized kitchen & living rooms, full bathrooms and two spacious bedrooms each. The remaining units are bachelor-style suites, all featuring full-size kitchens, full bathrooms & functional living spaces. The building has received upgrades such as some plumbing, electrical, flooring, paint & interior finishes in the last few years. An abundance of off-street parking is on site, conveniently on the front and the side of the building. Currently, 5 of the units are rented (POU) to great long-term tenants who wish to remain. This is an incredible investment opportunity in an amazing, centralized location in the city! (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$624,900
Down Payment - 6%$37,494
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$4,463

Mortgage Payment
$3,520
Property Tax
$443
Insurance
$150
Utilities
$350
Down Payment
$37,494
Loan Amount
$587,406
Total Interest
$468,599

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

Contact Felix

Ask about this listing

Speak with Felix about showing times, offer strategy, financing next steps, or whether this property fits your search.

Similar Listings

Other properties to compare

View All Listings