24 Edinburgh Street
St. John's, NL A1B 0S2, NL, A1C4R1
4 Beds | 2 Baths
$265,000
About the property (MLS: 1275393):
This ideally located home offers unparalleled convenience, with Memorial University, the Health Sciences Centre, shopping, supermarkets, restaurants, and the vibrant downtown core all just a short walk away. The main floor features an inviting open-concept layout, highlighted by a spacious and bright living room and dining area. The modern kitchen is equipped with abundant white cabinetry, generous countertop space, and a practical eat-in breakfast bar. A 3-piece bathroom adds to the convenience on this level. Upstairs, you'll discover four well-proportioned bedrooms, perfect for a growing family or accommodating guests. The basement expands your living options with a games room, a second 3-piece bathroom, a storage room, and a laundry room. The driveway accommodates off-street parking for 2 to 3 vehicles and provides easy access to the backyard. This home seamlessly blends comfort, style, and a prime location, making it an excellent choice for your next move. Recent upgrades include a new electric furnace installed in Fall 2023, new windows added in 2014, and a comprehensive electrical upgrade to code. Please note: This property is tenant-occupied, requiring 24 hours' notice for viewings. This home is well maintained however, a home inspection is for the buyers' information purposes only. (id:56688)
Property Details
Listing ID: 27236894
Address: 24 Edinburgh Street, St. John's, NL A1B 0S2, Newfoundland & Labrador, Canada A1C4R1
Status: Active
Last updated: a month ago ( Aug 5, 2024 )
Year Built: 1966
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 2,019 square feet
Price per sq ft: $132
Tax Annual Amount: $1,838
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.567739, -52.724801]
Rooms
| Basement | Storage Laundry room Bath (# pieces 1-6) Games room | 6x7 null 12x6 null 3 pieces null 12x16 null |
| Second level | Bedroom Bedroom Bedroom Primary Bedroom | 9x11 null 11x13 null 11x13 null 13x16 null |
| Main level | Bath (# pieces 1-6) Dining room Kitchen Living room | 3 pieces null 11x12 null 10x12 null 14x16 null |
Basic Calculator
First Mortgage: $212,000
Mortgage insurance premium: $0
Total Financing: $212,000
Rough closing fee (1.5%): ~ $3,975
Total downpayment with estimated closing fee: $56,975
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,221 | $26,652 |
| Gross rental income (income/principal ratio) | 0.838% | 10.057% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $332 | $3,984 |
| Vacancy | $112 | $1,333 |
| Management Fee | $178 | $2,133 |
| Expense / Income Ratio | 14.95% | 14.95% |
| Cash Flow | $1,601 | $19,212 |
| Net Operating Income (NOI) | $1,601 | $19,212 |
| Capitalization Rate | 0.60% | 7.25% |
