About the property (MLS: 1274350):
Wonderful Investment Opportunity As a historically rich residential property this charming little 3 bedroom, 1 bath home is very close to the narrows and its beautiful views, steps away from St Johns’ iconic signal hill, AND right on the cusp of the battery and Quidi Vidi neighbourhoods. As a commercial property (it is zoned CDM) there is so much foot traffic in this area it would be a perfect location for a number of small business opportunities, you can start making your dreams a reality. As if that weren’t enough there is great value in the land in this neighbourhood…you could potentially build on its footprint. (id:56688)
Property Details
Listing ID: 27117085
Address: 33 Plymouth Road, St. John’s, Newfoundland & Labrador, Canada A1C1K3
Status: Active
Last updated: 3 months ago ( Jul 3, 2024 )
Year Built: 1895
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 1,088 square feet
Price per sq ft: $189
Tax Annual Amount: $1,970
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Other
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.571638, -52.698917]
Rooms
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 10.0X8.3 null 10.4X11.7 null 11.1X9.8 null 11.5X13.0 null |
Main level | Laundry room Kitchen Living room/Dining room Foyer | 8.5X6.9 null 12.8X11.0 null 15.2X14.0 null 5.11X14.0 null |
Basic Calculator
First Mortgage: $164,000
Mortgage insurance premium: $0
Total Financing: $164,000
Rough closing fee (1.5%): ~ $3,075
Total downpayment with estimated closing fee: $44,075
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,197 | $14,364 |
Gross rental income (income/principal ratio) | 0.584% | 7.007% |
Mortgage | $0 | $0 |
Monthly Expenses | $257 | $3,084 |
Vacancy | $60 | $719 |
Management Fee | $96 | $1,150 |
Expense / Income Ratio | 21.47% | 21.47% |
Cash Flow | $785 | $9,420 |
Net Operating Income (NOI) | $785 | $9,420 |
Capitalization Rate | 0.38% | 4.60% |