10 Neville Place
St Johns, NL, A1E2E7
5 Beds | 2 Baths
$375,000
About the property (MLS: 1277379):
Charming 2-Unit Home on a Cul-de-Sac in the Heart of the City! Don't miss out on your chance to own this lovely 2-unit property located on a quiet cul-de-sac in a prime, central location. This home features a 3-bedroom main floor with a bright, spacious living and dining room, perfect for entertaining. The kitchen is beautifully appointed with plenty of space for all your cooking adventures. The main floor also includes three bedrooms and a newly renovated bathroom with in-floor heating for added comfort. The 2-bedroom basement apartment offers a large living room and a spacious kitchen, making it ideal for additional income or extended family. No more scraping your car on frosty mornings the main unit comes with an attached single-car garage for added convenience. This home has seen many improvements in the past two years, including: A brand new metal roof (July 2024) A 3-head mini split system installed in 2022 The main bathroom renovation, complete with in-floor heating (2023) Fresh paint throughout, along with other cosmetic updates Situated on a large lot in a highly convenient area, you’ll be close to shopping, schools, and all essential amenities. Don’t miss your chance to own this beautifully maintained home. All offers to be submitted by 6PM Sunday Sept 15th. (id:56688)
Property Details
Listing ID: 27405873
Address: 10 Neville Place, St Johns, Newfoundland & Labrador, Canada A1E2E7
Status: Active
Last updated: 22 days ago ( Sep 12, 2024 )
Year Built: 1966
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Hot water radiator heat, Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,448 square feet
Price per sq ft: $154
Tax Annual Amount: $2,261
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Oil
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.54624, -52.73675]
Rooms
| Basement | Bedroom Bedroom Living room Kitchen Laundry room | 10 X 11 null 10 X 11 null 12 X 14 null 10 X 18 null 12 X 11 null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Bedroom Living room Kitchen Dining room | 4 PC null 13 X 9 null 13 X 11 null 10 X 10 null 19X13 null 10 X 18 null 12 X 10 null |
Basic Calculator
First Mortgage: $300,000
Mortgage insurance premium: $0
Total Financing: $300,000
Rough closing fee (1.5%): ~ $5,625
Total downpayment with estimated closing fee: $80,625
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,693 | $32,316 |
| Gross rental income (income/principal ratio) | 0.718% | 8.618% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $469 | $5,628 |
| Vacancy | $135 | $1,616 |
| Management Fee | $216 | $2,586 |
| Expense / Income Ratio | 17.42% | 17.42% |
| Cash Flow | $1,874 | $22,488 |
| Net Operating Income (NOI) | $1,874 | $22,488 |
| Capitalization Rate | 0.50% | 6.00% |
