7 Vardys Avenue photo 11 / 30

MLS #1295966

7 Vardys Avenue

Clarenville

$539,900

5,600 sqft
Other
Source Listing

Property Details

Great investment property! This property has 7 apartment units, all units are electric baseboard heat and tenants pay their own utilities. there are two 1 unit apartments, three 2 unit apartments and two 3 unit apartments. Each unit is fairly spacious and in good condition and there are various decks and patios around the property. the building is centrally located in clarenville and within walking distance to many amenities such as grocery stores, gas stations, and recreation. The building has had some upgrades in the past few years such as shingles and some of the decks. This is a great opportunity for someone looking for an investment property. (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$539,900
Down Payment - 6%$32,394
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$3,923

Mortgage Payment
$3,041
Property Tax
$382
Insurance
$150
Utilities
$350
Down Payment
$32,394
Loan Amount
$507,506
Total Interest
$404,859

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

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Brokerage
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