$ 319.000

650 Main Road, Fogo Island

  • Bedrooms: 6
  • Bathrooms: 3
  • Living area: 2120 square feet
  • Type: Multifamily
  • Added: 142 days ago
  • Updated: 142 days ago
  • Last Checked: 18 hours ago
Introducing an outstanding investment opportunity at 650 Main Road, Fogo Island(Shoal Bay), NL, a welcoming three unit apartments. Perfect for the business-savvy investor, first-time homebuyers looking to maximize their purchase, or those looking for a great investment property. This property boasts six bedrooms and three bathrooms consisting of three - 2-bedrooms, 1-bathroom apartments. Each unit has it owns charm and one unit is newly updated while the other two are in amazing condition. For those who desire to live almost mortgage-free, this is the perfect opportunity. By residing in one unit and leasing out the others, you could effectively live almost rent-free. The property is centrally located, with ample parking and a shed with a shed with a loft. The property is close to shopping, hospital, stadium and hiking. Don't miss the chance to secure this great investment property. (id:1945)
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Show More Details and Features

Property DetailsKey information about 650 Main Road

  • Heating: Electric
  • Year Built: 1980
  • Structure Type: Multi-Family
  • Exterior Features: Vinyl siding
  • Foundation Details: Block

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Mixed Flooring
  • Appliances: Washer, Refrigerator, Stove, Dryer
  • Living Area: 2120
  • Bedrooms Total: 6

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 650 Main Road

  • Water Source: Drilled Well
  • Lot Size Dimensions: 136 x155 x 118 x 163

Utilities & SystemsReview utilities and system installations

  • Sewer: Septic tank

Tax & Legal InformationGet tax and legal details applicable to 650 Main Road

  • Tax Year: 2024
  • Tax Annual Amount: 1200
  • Zoning Description: Res.
Room Dimensions
Type Level Dimensions
Bath (# pieces 1-6) Main level 9.6 x 8.7
Not known Main level 10 x 9.6
Not known Main level 10 x 9.6
Not known Main level 12.2 x 10
Not known Main level 17.7 x 10.7
Laundry room Main level 9.9 x 5.5
Bath (# pieces 1-6) Main level 9.3 x 5.8
Not known Main level 12 x 10
Not known Main level 12 x 12
Not known Main level 10 x 8
Not known Main level 20.3 x 12
Porch Main level 8.3 x 5.6
Laundry room Main level 5.8 x 5.8
Bath (# pieces 1-6) Main level 9.3 x 5.8
Not known Main level 12 x 9.8
Primary Bedroom Main level 13.8 x 11
Not known Main level 9.9 x 9.2
Not known Main level 12.3 x 9.2
Not known Main level 17.4 x 12
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Nearby Listings Stat

Active listings
1
Min Price
$319,000
Max Price
$319,000
Avg Price
$319,000
Days on Market
142 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

Name
Type
Address
Distance
Town of Fogo Island
Establishment
6 Centre Island Road South
3.9 km
Nicole's Cafe
Restaurant
Hwy 334
4.1 km
Fogo Island Inn
Lodging
Joe Batt's Arm
4.5 km
Fogo Airport
Airport
Deep Bay
5.1 km
Medicine Shoppe Pharmacy The
Pharmacy
Fogo Island
6.6 km
Fogo Island Co-operative Society Limited
Food
Seldom
8.9 km
Vanessa's Take-Out & Convenience
Restaurant
Seldom
8.9 km
Hurley's Store
Grocery or supermarket
Tilting
9.1 km
Ar Scammell Academy
School
Change Islands
16.0 km
T.L.P Restaurant
Restaurant
Tickle Point Rd
16.1 km
Additional Information about 650 Main Road

This Multifamily at 650 Main Road Fogo Island, NL with MLS Number 1274096 which includes 6 beds, 3 baths and approximately 2120 sq.ft. of living area listed on Fogo Island market by Kyran Dwyer - BlueKey Realty Inc. at $319,000 142 days ago.

We have found 6 Multifamily that closely match the specifications of the property located at 650 Main Road with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 195,900 and 329,000.

The current price of the property is $319,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 20% down payment, the total amount borrowed would be $255,200. This would result in a monthly mortgage payment of $1,492 over a 25-year amortization period.

More Details?
Kyran Dwyer
  • Kyran Dwyer
  • BlueKey Realty Inc.
  • 709-746-4231