About the property (MLS: 1277016):
Don't miss this downtown gem! This beautiful Southcott-style, three-storey home on Gower Street offers four spacious bedrooms and two bathrooms. The main floor features a bright, open-concept kitchen and a large, inviting living room—perfect for a growing family or as a prime downtown Airbnb. Extensively renovated both inside and out since 2017, including a new roof, this semi-detached home comes with a generous rear yard. Ideally located right across from the iconic Anglican Cathedral and just minutes from the vibrant downtown shopping, dining, and nightlife scene, this property is a must-see. Don’t wait—book your viewing today and experience it for yourself! Sellers direction signed and due to tenant availability any offers to be reviewed 7 pm Sunday Sept 8th, 2024 (id:56688)
Property Details
Listing ID: 27371438
Address: 184 Gower Street, St Johns, Newfoundland & Labrador, Canada A1C1P9
Status: Active
Last updated: a day ago ( Sep 5, 2024 )
Year Built: 1930
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Hot water radiator heat, Oil
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Fencing: Partially fenced
Living Area Total: 1,500 square feet
Price per sq ft: $227
Tax Annual Amount: $2,401
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Oil
Flooring: Laminate, Mixed Flooring
Exterior Features: Wood, Other
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.566235, -52.707915]
Rooms
Third level | Bedroom Bedroom Bath (# pieces 1-6) | 10.5 x 8.5 null 12 x 15 null 3 PC null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom | 3 PC null 10 x 14 null 10.5 x 9 null |
Main level | Porch Living room Eating area Kitchen | 6.5 x 6.5 null 14 x 15 null 7.5 x 9.5 null 11 x 9 null |
Basic Calculator
First Mortgage: $272,000
Mortgage insurance premium: $0
Total Financing: $272,000
Rough closing fee (1.5%): ~ $5,100
Total downpayment with estimated closing fee: $73,100
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,651 | $19,812 |
Gross rental income (income/principal ratio) | 0.486% | 5.827% |
Mortgage | $0 | $0 |
Monthly Expenses | $425 | $5,100 |
Vacancy | $83 | $991 |
Management Fee | $133 | $1,585 |
Expense / Income Ratio | 25.74% | 25.74% |
Cash Flow | $1,012 | $12,144 |
Net Operating Income (NOI) | $1,012 | $12,144 |
Capitalization Rate | 0.30% | 3.57% |