For sale · MLS® 1299111
19 Malta Street
St. John's, NL, A1C4S8
List price
$355,900
About this propertyMLS® 1299111
This is a great investment property a registered two apartments which is central located. Prime location near Health Science and Memorial University this 2 apt is ideally located on major bus routes. There are two separate entrances and two separate meters. The lower level apt has 2 bedrooms, eat-in kitchen, Livingroom and 4 pcs bath. The main level upstairs has 3 nice size bedrooms , dining room, kitchen, Livingroom and 4 pcs bath. Parking for three cars, and shared laundry and storage room. Over the last several years the shingles have been replaced, and copper pipes have been replaced with pex piping. This property when fully rented brings in $2325.00 per month. Recenting renos include painting throughout with some new light fixtures, flooring and washer. Seller Directive is in place. see attached (id:56688)
Property details
Coordinates: [47.566308, -52.725988]
Rooms
| Main level | Bath (# pieces 1-6) Living room Dining room Kitchen Bedroom Bedroom Bedroom | 4 pcs 11 x 18 7 x 11.09 9.03 x 11 8 x 11 12 x 10 13 x 12 |
| Lower level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Eat in kitchen Living room | 15 x 22 4 pcs 13 x 7 10 x 13 8 x 10 11 x 12 |
Basic Calculator
First Mortgage: $284,720
Mortgage insurance premium: $0
Total Financing: $284,720
Rough closing fee (1.5%): ~ $5,339
Total downpayment with estimated closing fee: $76,519
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $445 | $5,340 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-445 | $-5,340 |
| Net Operating Income (NOI) | $-445 | $-5,340 |
| Capitalization Rate | -0.13% | -1.50% |
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