147 Empire Avenue
St. John's, NL, A1C3G1
4 Beds | 3 Baths
$264,900
About the property (MLS: 1275666):
Fantastic opportunity with this two unit home within walking distance to MUN. Meet 147 Empire Avenue - a four bedroom three bathroom home that sits in an ideal location. Not only is this property a very short walk from MUN, it's also just a few steps from downtown and all the amenities that come along with that. It hardly gets any more "Center City" than this! The main level of this home boasts a large eat in kitchen, bright and spacious living room as well as two bedrooms, a half bath and a newly renovated main bathroom. The upstairs unit has another large eat in kitchen with lovely white cabinetry, a living room, 2 large bedrooms and a bathroom. The wide open basement currently contains the laundry and loads of storage, with walkout entry to the driveway. (id:56688)
Property Details
Listing ID: 27240563
Address: 147 Empire Avenue, St. John's, Newfoundland & Labrador, Canada A1C3G1
Status: Active
Last updated: a month ago ( Aug 1, 2024 )
Year Built: 1955
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 2,304 square feet
Price per sq ft: $115
Tax Annual Amount: $2,116
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 13
Rurl
Coordinates: [47.570679, -52.719585]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen | B4 null 9.5 x 11.5 null 11 x 11.5 null 15.4 x 11.5 null 11.5 x 9.5 null |
| Main level | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen | B2 null B4 null 10 x 9.5 null 11 x 8 null 17 x 11 null 11.5 x 11.5 null |
Basic Calculator
First Mortgage: $211,920
Mortgage insurance premium: $0
Total Financing: $211,920
Rough closing fee (1.5%): ~ $3,974
Total downpayment with estimated closing fee: $56,954
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,535 | $30,420 |
| Gross rental income (income/principal ratio) | 0.957% | 11.484% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $332 | $3,984 |
| Vacancy | $127 | $1,521 |
| Management Fee | $203 | $2,434 |
| Expense / Income Ratio | 13.10% | 13.10% |
| Cash Flow | $1,874 | $22,488 |
| Net Operating Income (NOI) | $1,874 | $22,488 |
| Capitalization Rate | 0.71% | 8.49% |
