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TelephoneEmail135 Lemarchant Road, St. John's, Newfoundland & Labrador, Canada A1C2H3

135 Lemarchant Road

St. John's, NL, A1C2H3

location

4 Beds | 3 Baths

$289,900

135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
135 Lemarchant Road St. John's Newfoundland & Labrador Canada A1C2H3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1268912):

This property offers charm and versatility as well as a great central location close to schools, hospital shopping and recreation. The building currently consists of 2 unit (1 Residential & 1 Commercial) with separate meters . There is Hot water radiation heat and the upper apartment has electric baseboard heaters. This upper apartment is a fabulous 2 storey unit with a large loft or bonus Living area. It features 2 bedrooms & 2 bathrooms, kichen, dining & laundry. The property also has a distant view of the harbour & south side hills from the rear windows & deck. The basement has a walk-out entrance and could possibly form a 3rd unit. Refer to attached floor plans and permitted uses..(Zoning requirements) This property has 2 electric meters, oil furnace & Roth oil tank. (id:56688)

Property Details
MLS: 1268912
Listing ID: 26657460
Address: 135 Lemarchant Road, St. John's, Newfoundland & Labrador, Canada A1C2H3
Status: Active
Last updated: 3 months ago ( Jul 27, 2024 )
Year Built: 1951
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
View: View
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Hot water radiator heat, Oil, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Partially fenced
Living Area Total: 2,850 square feet
Price per sq ft: $102
Tax Annual Amount: $3,790
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer, Cooktop, Oven - Built-In
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Hot water radiator heat, Oil, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 36
Rurl
Coordinates: [47.55932, -52.718728]

Rooms

Basement
Other
Other
Utility room
Workshop
Utility room
Storage
11'11 x 5'10 null
11'3 x 6'4 null
11'3 x 11'7 null
11'8 x 16'1 null
11;11 x 9'11 null
11'8 x 15'1 null
Third level
Not known
18'0 x 32'5 null
Second level
Bath (# pieces 1-6)
Ensuite
Not known
Not known
Not known
3pc
3pc
9'0 x 9'9 null
12'1 x 11'5 null
14'6 x 23'1 null
Main level
Bath (# pieces 1-6)
Bedroom
Bedroom
Other
Living room
Foyer
2pc
12'2 x 11'9 null
11'7 x 14'1 null
7'8 x 6'7 null
14'8 x 15'9 null
9'1 x 4'11 null

Basic Calculator



First Mortgage: $231,920

Mortgage insurance premium: $0

Total Financing: $231,920

Rough closing fee (1.5%): ~ $4,349

Total downpayment with estimated closing fee: $62,329

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$3,136$37,632
Gross rental income (income/principal ratio)1.082%12.981%
Mortgage$0$0
Monthly Expenses$363$4,356
Vacancy$157$1,882
Management Fee$251$3,011
Expense / Income Ratio11.58%11.58%
Cash Flow$2,366$28,392
Net Operating Income (NOI)$2,366$28,392
Capitalization Rate0.82%9.79%
Capitalization Rate: 9.79%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $414,143