155 Queens Road
St. John's, NL, A1B2C7
4 Beds | 3 Baths
$379,900
About the property (MLS: 1276123):
This captivating three-storey downtown property, brimming with character and charm, is versatile with its residential or commercial zoning, offering endless possibilities. Built in 1896 by Gerald S Doyle, this home boasts a rich history, while benefiting from updated plumbing, electrical, siding, and windows, providing the new owner with peace of mind, a rare find for a property of this age. The ground-level entry on the Bates Hill side welcomes you with an open kitchen, dining area, a half bath, and laundry facilities. The main floor features a grand living/dining room with 10-foot ceilings, a fireplace, and large wooden pocket doors. The second storey offers two spacious rooms and a full bathroom, while the third floor comprises two rooms, a full bathroom with a jacuzzi tub, and storage space. Throughout the property, the original character shines through, with 17th-century moldings, rosettes, original doors, high ceilings, and bay windows, creating a bright and spacious ambiance. Furthermore, all fire prevention tasks have been completed, streamlining the permit process for any new business. Whether you seek an incredibly easy-to-maintain heritage home near the downtown core to reside in or operate as an ideal Air BnB, this property could be the perfect choice. (id:56688)
Property Details
Listing ID: 27285834
Address: 155 Queens Road, St. John's, Newfoundland & Labrador, Canada A1B2C7
Status: Active
Last updated: 23 days ago ( Aug 14, 2024 )
Year Built: 1896
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 4
Number of Levels: 4
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 3,160 square feet
Price per sq ft: $121
Tax Annual Amount: $3,006
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Dryer, Alarm System
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.562876, -52.71064]
Rooms
| Third level | Ensuite Bedroom Bedroom | 8.5 x 7 null 14 x 10 null 12 x 12 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom | 95 x 5.5 null 14.5 x 13 null 14.5 x 13.5 null |
| Main level | Porch Dining room Living room/Fireplace | 5 x 5.5 null 13 x 14.5 null 14 x 12.5 null |
| Lower level | Laundry room Kitchen Dining room | 12 x 12.5 null 14 x 12.5 null |
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,477 | $41,724 |
| Gross rental income (income/principal ratio) | 0.915% | 10.983% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $475 | $5,700 |
| Vacancy | $174 | $2,087 |
| Management Fee | $279 | $3,338 |
| Expense / Income Ratio | 13.66% | 13.66% |
| Cash Flow | $2,550 | $30,600 |
| Net Operating Income (NOI) | $2,550 | $30,600 |
| Capitalization Rate | 0.67% | 8.05% |
