About the property (MLS: 1276685):
Check out the Virtual Tour..... This two story registered 2 apt (separate meters) is located in a convenient east end location, walking distance to Marine Institute, CONA and Close to MUN. The top unit main floor has a large bright living room, a 1/2 bathroom, a spacious dining room that is open to a peninsula kitchen which includes an abundance of natural oak cabinets with stainless steel appliances ( including a dishwasher). The basement of the main unit has a laundry room with storage. The top floor of the main unit has 3 large size bedrooms and a 3 piece bath featuring a tiled tub surrounded with a jacuzzi tub. The 1 bedroom basement unit offers a cozy open concept living room/dining room kitchen. Also in the basement unit is a 3pc bathroom , 1 bedroom and a stackable full size laundry. The exterior features parking for up to 3 or 4 cars, a large flat backyard and a private patio ( for the main unit) with perfect sun orientation for evening sun. Recent upgrades include : New reshingled roof 2022, all new baseboard heaters, some new flooring, several new appliances and painted throughout. There is also a HRV unit and all water lines are PEX. All appliances are included in sale. (id:56688)
Property Details
Listing ID: 27336535
Address: 551/2 Bells Turn, St. John's, Newfoundland & Labrador, Canada A1B2K8
Status: Active
Last updated: 9 days ago ( Sep 2, 2024 )
Year Built: 2001
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: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,719 square feet
Price per sq ft: $216
Tax Annual Amount: $2,411
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 31
Rurl
Coordinates: [47.594352, -52.72872]
Rooms
Basement | Bedroom Living room Kitchen Laundry room | 9.9x9.4 null 10.9x16 null 10.9x16 null 9.4x6.3 null |
Second level | Bedroom Bedroom Primary Bedroom | 8.5x10.10 null 9.1x14.3 null 16.10x10.5 null |
Main level | Foyer Kitchen Dining room Living room | 5.5x5.1 null 13.4x10.5 null 8.9x10.5 null 12.8x16.1 null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,891 | $22,692 |
Gross rental income (income/principal ratio) | 0.511% | 6.135% |
Mortgage | $0 | $0 |
Monthly Expenses | $463 | $5,556 |
Vacancy | $95 | $1,135 |
Management Fee | $152 | $1,816 |
Expense / Income Ratio | 24.48% | 24.48% |
Cash Flow | $1,183 | $14,196 |
Net Operating Income (NOI) | $1,183 | $14,196 |
Capitalization Rate | 0.32% | 3.84% |