4 Kenai Crescent
St. John's, NL, A1H0J1
5 Beds | 4 Baths
$549,900
About the property (MLS: 1270005):
Welcome to 4 Kenai Crescent, a versatile and inviting two-apartment home nestled in the heart of the family-friendly Southlands neighborhood. This property offers a perfect blend of comfortable living and potential rental income, making it an ideal choice for homeowners and investors alike. The main unit boasts a bright and airy living room, perfect for family gatherings and relaxation. The modern kitchen features ample counter space, a dream coffee bar, modern appliances, and a cozy dining area. The primary bedroom in this charming home is a spacious and serene retreat. It features large windows that fill the room with natural light, creating a bright and welcoming atmosphere. The room is generously sized, offering ample space for a king-sized bed and additional furniture. With plenty of closet space, you'll have no trouble storing all your belongings neatly. The primary ensuite adds a touch of luxury to this tranquil space. It features a modern stand-up tile shower, complete with elegant fixtures and a sleek glass door, providing a spa-like experience right at home. With two generously sized bedrooms offering plenty of closet space, comfort and privacy are ensured. Additionally, a finished downstairs recreation room provides extra living space, ideal for a playroom, home office, or entertainment area, and includes a convenient half bath. The apartment, with its private entrance, ensures privacy for tenants. It features an open-concept living and dining area, two comfortable bedrooms, and a fully equipped kitchen with all necessary appliances. A well-maintained full bathroom completes this unit. Don't miss out on this fantastic opportunity to own a versatile two-apartment home in Southlands. (id:56688)
Property Details
Listing ID: 26918899
Address: 4 Kenai Crescent, St. John's, Newfoundland & Labrador, Canada A1H0J1
Status: Active
Last updated: 2 years ago ( May 21, 2024 )
Year Built: 2013
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Fencing: Fence
Living Area Total: 2,818 square feet
Price per sq ft: $196
Tax Annual Amount: $5,201
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Propane
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 46
Rurl
Coordinates: [47.48803, -52.81977]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known | 4 PCS feet 10.4 x 11.2 feet 9.9 x 10.2 feet 12 x 11.4 feet 13.6 x 11.4 feet |
| Lower level | Bath (# pieces 1-6) Utility room Laundry room Recreation room | 2 PCS feet 4.03 x 8.09 feet 5.07 x 8.07 feet 11.03 x 16.09 feet |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Living room/Fireplace Not known | 4 PCS feet 9.11 x 10.11 feet 9.11 x 10.11 feet 3 PCS feet 12.05 X 15.06 feet 11.5 x 16 feet 13 x 13.5 feet |
Basic Calculator
First Mortgage: $439,920
Mortgage insurance premium: $0
Total Financing: $439,920
Rough closing fee (1.5%): ~ $8,249
Total downpayment with estimated closing fee: $118,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,100 | $37,200 |
| Gross rental income (income/principal ratio) | 0.564% | 6.765% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $688 | $8,256 |
| Vacancy | $155 | $1,860 |
| Management Fee | $248 | $2,976 |
| Expense / Income Ratio | 22.19% | 22.19% |
| Cash Flow | $2,009 | $24,108 |
| Net Operating Income (NOI) | $2,009 | $24,108 |
| Capitalization Rate | 0.37% | 4.38% |
