About the property (MLS: 1277106):
Located in a well-established, family-friendly neighborhood in Mount Pearl, this move-in-ready 2-apartment home offers plenty of space and convenience! The fenced backyard includes a spacious 20x24 garage and a 10x12 shed, perfect for storage and hobbies. Inside the main level, you’ll find a bright kitchen with an eat-in area, a separate dining room, and a large living room. The master bedroom, along with two additional bedrooms and the main bathroom, are all on this level. The basement boasts a cozy rec room and a laundry area. The downstairs apartment features two bedrooms, a living/dining area, and its own laundry closet, making it an excellent option for rental income. Recent updates include fresh paint, a new electrical panel in the apartment (2018), a new front deck, a stained back deck, and shingles replaced within the last 10 years. As per seller direction no conveyance of any offers until 7pm Sunday September 15th. (id:56688)
Property Details
Listing ID: 27406070
Address: 21 Blossom Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1S1
Status: Active
Last updated: 19 days ago ( Sep 15, 2024 )
Year Built: 1954
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Hot water radiator heat, Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Fencing: Partially fenced
Living Area Total: 2,474 square feet
Price per sq ft: $138
Tax Annual Amount: $2,163
Tax Year: 2024
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, Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 35
Rurl
Coordinates: [47.517181, -52.792717]
Rooms
Basement | Not known Not known Utility room Bath (# pieces 1-6) Not known Not known Recreation room | 7.8 x 8.1 null 10.1 x 20.4 null 5.1 x 11.4 null 4PC null 9.11 x 9.8 null 12.5 x 6.11 null 8.10 x 26 null |
Main level | Bath (# pieces 1-6) Bedroom Dining room Kitchen Bedroom Primary Bedroom Living room Porch | 4PC null 9.11 x 9.11 null 10 x 13.10 null 11.8 x 11.11 null 9.10 x 9.2 null 11.8 x 10.10 null 13.11 x 18.10 null 3.5 x 5.6 null |
Basic Calculator
First Mortgage: $271,920
Mortgage insurance premium: $0
Total Financing: $271,920
Rough closing fee (1.5%): ~ $5,099
Total downpayment with estimated closing fee: $73,079
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,722 | $32,664 |
Gross rental income (income/principal ratio) | 0.801% | 9.610% |
Mortgage | $0 | $0 |
Monthly Expenses | $425 | $5,100 |
Vacancy | $137 | $1,634 |
Management Fee | $218 | $2,614 |
Expense / Income Ratio | 15.61% | 15.61% |
Cash Flow | $1,944 | $23,328 |
Net Operating Income (NOI) | $1,944 | $23,328 |
Capitalization Rate | 0.57% | 6.86% |