188-190 Highway Avenue photo 11 / 14

MLS #1297294

188-190 Highway Avenue

Musgrave Harbour

$189,000

2 Baths
2,800 sqft
Multi-family
Source Listing

Property Details

Explore an exceptional opportunity in Musgrave Harbour with this 1.58-acre ocean-view property, featuring valuable highway frontage. This expansive lot offers ample space for redevelopment, whether you envision a spacious family home, new residential units, or mixed-use commercial space. There is a solid 2,800 sq. ft. structure on-site, providing a strong foundation for renovation. The property is zoned as Commercial Mixed, allowing for a wide range of potential uses. Located just a short distance from the coastline and sandy beaches, this property combines convenient access with breathtaking natural beauty. This is a unique chance to secure a large parcel of land with great flexibility and value. (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$189,000
Down Payment - 5%$9,450
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,710

Mortgage Payment
$1,076
Property Tax
$134
Insurance
$150
Utilities
$350
Down Payment
$9,450
Loan Amount
$179,550
Total Interest
$143,235

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

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