22 Thorburn Road
St. John's, NL, A1B3L9
5 Beds | 2 Baths
$329,900
About the property (MLS: 1275817):
Prime location property across from Avalon Mall, minutes from Health Sciences, Mun, and CONA. Main unit will enjoy open concept living/dining room, oak kitchen, three generous bedrooms, and laundry in the basement with a bonus room. The bright apartment features two bedrooms, comfortable living room, and kitchen/dining area with its own laundry. Each unit has its own separate meter, HRV, hot water tank, and driveway. Relish the mature level lot with fenced garden and shed, and convenient access to MUN and public transportation. Upgrades include a full electrical (2003) and new roof (2024). Main unit rented for $1300 pou , apartment for $900 pou. An exceptional opportunity! No presentation of offers until noon Monday August 12th as per sellers direction. (id:56688)
Property Details
Listing ID: 27267038
Address: 22 Thorburn Road, St. John's, Newfoundland & Labrador, Canada A1B3L9
Status: Active
Last updated: a month ago ( Aug 10, 2024 )
Year Built: 1967
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: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other, Mixed Flooring
Fencing: Fence
Living Area Total: 2,280 square feet
Price per sq ft: $145
Tax Annual Amount: $2,310
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 26
Rurl
Coordinates: [47.562285, -52.752936]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Not known Laundry room | 5.3x10.11 null 10.1x11.6 null 11.5x14 null 10.7x15 null 8x15 null 8x17 null 8x9 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Dining nook Living room Kitchen Porch | 5x8 null 9x11 null 10x10 null 11x13 null 9x9 null 14x17 null 11x13 null 5x5 null |
Basic Calculator
First Mortgage: $263,920
Mortgage insurance premium: $0
Total Financing: $263,920
Rough closing fee (1.5%): ~ $4,949
Total downpayment with estimated closing fee: $70,929
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,508 | $30,096 |
| Gross rental income (income/principal ratio) | 0.760% | 9.123% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $413 | $4,956 |
| Vacancy | $126 | $1,505 |
| Management Fee | $201 | $2,408 |
| Expense / Income Ratio | 16.47% | 16.47% |
| Cash Flow | $1,769 | $21,228 |
| Net Operating Income (NOI) | $1,769 | $21,228 |
| Capitalization Rate | 0.54% | 6.43% |
