23 OReilly Street
St. John's, NL, A1E3H2
5 Beds | 2 Baths
$250,000
About the property (MLS: 1276920):
Welcome to 23 O'Reilly Street, where charm meets convenience in this delightful side-split home with a spacious 2 bedroom apartment and an attached garage. Perfectly located near top-rated schools, shopping malls, grocery stores, and recreational facilities, this property offers an unbeatable lifestyle for families and investors alike. Step inside the main floor to experience the potential this property offers. The open-concept layout is ideal for both family living and entertaining, featuring a bright living area, kitchen, and a dining space that brings everyone together. With three generously sized bedrooms and a versatile den, there’s plenty of room for everyone to enjoy. The lower-level apartment is a standout feature, offering a large living space that mirrors the style of the main floor. Complete with a large living room, a dining area, an eat-in kitchen, two comfortable bedrooms, and a full bath, this apartment is perfect for an income-generating rental. Outside you will find parking for up to four vehicles and large mature trees. This home provides ample space and is ideally positioned for easy access to all the essentials, making daily living a breeze. No conveyance of offers before 4pm September 8, 2024. (id:56688)
Property Details
Listing ID: 27371511
Address: 23 OReilly Street, St. John's, Newfoundland & Labrador, Canada A1E3H2
Status: Active
Last updated: a day ago ( Sep 5, 2024 )
Year Built: 1967
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Hot water radiator heat
Sewer: Municipal sewage system
Flooring: Hardwood, Other, Ceramic Tile
Fencing: Fence
Living Area Total: 3,200 square feet
Price per sq ft: $79
Tax Annual Amount: $2,603
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat
Flooring: Hardwood, Other, Ceramic Tile
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.543938, -52.736929]
Rooms
| Basement | Bedroom Bedroom Not known Not known Not known Bath (# pieces 1-6) Bath (# pieces 1-6) | 10x11 null 10x11 null 12x13 null 12x14 null 14x19 null B4 null B4 null |
| Main level | Den Bedroom Bedroom Primary Bedroom Dining room Kitchen Living room | 9x13 null 10x12 null 10x11 null 11x12 null 12x13 null 12x14 null 14x19 null |
Basic Calculator
First Mortgage: $200,000
Mortgage insurance premium: $0
Total Financing: $200,000
Rough closing fee (1.5%): ~ $3,750
Total downpayment with estimated closing fee: $53,750
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,521 | $42,252 |
| Gross rental income (income/principal ratio) | 1.408% | 16.901% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $313 | $3,756 |
| Vacancy | $177 | $2,113 |
| Management Fee | $282 | $3,381 |
| Expense / Income Ratio | 8.89% | 8.89% |
| Cash Flow | $2,751 | $33,012 |
| Net Operating Income (NOI) | $2,751 | $33,012 |
| Capitalization Rate | 1.10% | 13.20% |
