About the property (MLS: 1270226):
Looking for a well maintained, absolutely beautiful spaced home on a large oversided lot with potential income in the Goulds? Look no further this home is a 2 apartment. This stunning home has 3 bedrooms on main unit with 2 full bathrooms, Split entery leading to a hardwood staircase, updated trim packages, 3 mini splits, beautiful custom kitchen designed to offer open concept with living room dining area. Master bedroom has ensuite 4 pc bathroom. You have a 3 bedroom 2 bathroom apartment that is currently set up as a AIRBNB bringing in $250 /nightly potential for $5200 to $7500 monthly. BONUS Vendor is leaving apartment furniture so its ready to go, or maybe you have other ideas for extra income or a large family with room for everyone. Outside you get beautiful front deck and back patios all done with composite decking a large driveway that leads to a hurge 36 x 40 garage that is heated with mini split and woodstove, vendor currently has subdivided to utilize half for himself and half as potential rental income. Have school age students or getting ready to start school you are across the street practically from Goulds Elementary, walkng distance to both St.Kevins Junior high and St.Kevins High school. Lots of day care centers in area, walking distance to Bidgoods shopping center, Lots of restaurants and pubs. Doctor's office, Dentist's office. Metrobus route and minutes from Richard Nolan Dr. that takes you downtown in less then 10mins. (id:56688)
Property Details
Listing ID: 26794518
Address: 63 Doyles Road, St. John's, Newfoundland & Labrador, Canada A1S1A2
Status: Active
Last updated: 5 months ago ( May 15, 2024 )
Year Built: 2006
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 6
Baths: 4
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Living Area Total: 2,532 square feet
Price per sq ft: $257
Tax Annual Amount: $2,944
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Laminate
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.461471, -52.779021]
Rooms
Basement | Bath (# pieces 1-6) Not known Bath (# pieces 1-6) Not known Not known Not known Recreation room | 4PC null 14.4x10.9 null 4PC null 13x9.3 null 12x11.2 null 11.2x9 null 10.5x9.5 null |
Main level | Bath (# pieces 1-6) Bath (# pieces 1-6) Porch Bedroom Bedroom Primary Bedroom Kitchen Living room | 4PC null 4PC null 6.1x5.9 null 11x10.4 null 12.7x9.1 null 13.9x11.1 null 19x11.1 null 14x11.1 null |
Basic Calculator
First Mortgage: $519,920
Mortgage insurance premium: $0
Total Financing: $519,920
Rough closing fee (1.5%): ~ $9,749
Total downpayment with estimated closing fee: $139,729
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,786 | $33,432 |
Gross rental income (income/principal ratio) | 0.429% | 5.144% |
Mortgage | $0 | $0 |
Monthly Expenses | $813 | $9,756 |
Vacancy | $140 | $1,672 |
Management Fee | $223 | $2,675 |
Expense / Income Ratio | 29.18% | 29.18% |
Cash Flow | $1,611 | $19,332 |
Net Operating Income (NOI) | $1,611 | $19,332 |
Capitalization Rate | 0.25% | 2.97% |