15 Anderson Avenue
St. John's, NL, A1B3E3
6 Beds | 2 Baths
$369,999
About the property (MLS: 1277255):
Ideal Investment Opportunity! This well-maintained 6-bedroom, 2-bath bungalow. Ideally situated in the heart of the MUN area. Its prime location within walking distance to MUN, Farmer’s Market, HSC, shopping centers, and bus routes ensures unparalleled convenience. Boasting hardwood floors in key living areas and a fully developed basement with rear yard access, this property offers both versatility and comfort. Recent updates including vinyl windows, flooring, lighting, shingles, and an upgraded 200-amp panel and forced air furnace enhance its appeal. Currently generating a rental income of $4510, this property promises exceptional value and returns for discerning investors. Offers to be submitted Sunday evening at 5pm September 15 and left open for acceptance until 8pm. (id:56688)
Property Details
Listing ID: 27392737
Address: 15 Anderson Avenue, St. John's, Newfoundland & Labrador, Canada A1B3E3
Status: Active
Last updated: 24 days ago ( Sep 10, 2024 )
Year Built: 1960
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 6
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Fencing: Partially fenced
Living Area Total: 1,573 square feet
Price per sq ft: $236
Tax Annual Amount: $2,195
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Exterior Features: Aluminum siding, Vinyl siding
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.564844, -52.735197]
Rooms
| Basement | Utility room Bedroom Bedroom Bedroom Laundry room Bath (# pieces 1-6) Living room | 6x6 null 10.4x 11.3 null 14.4 x10.2 null 10.6 x10.4 null 9.11x10.8 null 3pc 13.7 x14.2 null |
| Main level | Bedroom Bedroom Bedroom Bath (# pieces 1-6) Dining room Kitchen Living room | 11.6x12.1 null 11x10.2 null 9.7x6 null 4pc 8.8x10.7 null 10.9x10.1 null 9x5.1 null |
Basic Calculator
First Mortgage: $296,000
Mortgage insurance premium: $0
Total Financing: $296,000
Rough closing fee (1.5%): ~ $5,550
Total downpayment with estimated closing fee: $79,550
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,731 | $20,772 |
| Gross rental income (income/principal ratio) | 0.468% | 5.614% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $463 | $5,556 |
| Vacancy | $87 | $1,039 |
| Management Fee | $139 | $1,662 |
| Expense / Income Ratio | 26.75% | 26.75% |
| Cash Flow | $1,043 | $12,516 |
| Net Operating Income (NOI) | $1,043 | $12,516 |
| Capitalization Rate | 0.28% | 3.38% |
