15 Berry Street
St. John's, NL, A1E3M5
4 Beds | 3 Baths
$319,900
About the property (MLS: 1277550):
Large registered two apartment home located in the city's west end next door to all amenities and on bus routes. With 1750 square feet on the main floor there's tons of room for the large or growing family. This home has hardwood floors throughout the main with the exception of laminate in the kitchen and family room. There's a spacious living and dining room combination, an eat-in kitchen leading to a huge 16x32 extension on the back which offers a large family room with a fireplace and access to the back deck. The fireplaces in the living room and family room are not WETT Certified and will be the responsibility of the buyer. There's a large area downstairs for the main unit which includes a possible extra bedroom however the window may not be egress, hobby room and a den or storage. There's a two bedroom apartment with its own electric meter that's rented for $1,000.00 per month which includes heat and hot water. Rent could be much higher. Two electrical breaker panels, vinyl siding and vinyl windows, shingles replaced approximately 2018. 24 Hour notice required for the tenant in the basement apartment. (id:56688)
Property Details
Listing ID: 27424014
Address: 15 Berry Street, St. John's, Newfoundland & Labrador, Canada A1E3M5
Status: Active
Last updated: 17 days ago ( Sep 17, 2024 )
Year Built: 1969
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Hot water radiator heat
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,478 square feet
Price per sq ft: $92
Tax Annual Amount: $2,670
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Hot water radiator heat
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 35
Rurl
Coordinates: [47.537967, -52.748719]
Rooms
| Basement | Hobby room Bedroom Den | 12.2x14.2 null 10.1x13.7 null 10.8x11.8 null |
| Main level | Bedroom Family room/Fireplace Living room Bedroom Primary Bedroom Dining room Kitchen | 10x7.7 null 15.1x32 null 12.3x18 null 9x12.2 null 10.7x11.11 null 12.2x12.1 null 10x15 null |
Basic Calculator
First Mortgage: $255,920
Mortgage insurance premium: $0
Total Financing: $255,920
Rough closing fee (1.5%): ~ $4,799
Total downpayment with estimated closing fee: $68,779
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,826 | $45,912 |
| Gross rental income (income/principal ratio) | 1.196% | 14.352% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $400 | $4,800 |
| Vacancy | $192 | $2,296 |
| Management Fee | $307 | $3,673 |
| Expense / Income Ratio | 10.45% | 10.45% |
| Cash Flow | $2,929 | $35,148 |
| Net Operating Income (NOI) | $2,929 | $35,148 |
| Capitalization Rate | 0.92% | 10.99% |
