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TelephoneEmail621 Southside Road, St. John's, Newfoundland & Labrador, Canada A1E1A4

621 Southside Road

St. John's, NL, A1E1A4

location

3 Beds | 1 Bath

$264,900

621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
621 Southside Road St. John's Newfoundland & Labrador Canada A1E1A4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1277751):

Tucked away in the Waterford Valley, and on the Waterford River Trail, is this well maintained and move-in ready two story property. Extensively renovated over the years, this 3 bed 1 bath home has been tastefully updated in recent years. The main floor features hardwood flooring throughout, higher ceilings, a cozy family room with built-in bookcase, front room that is currently a child's play area but is ideal as a dining space, main floor laundry, side porch entry and a contemporary eat-in kitchen with stainless appliances. A classic staircase leads to the second floor where there are 3 excellent size bedrooms, original softwood flooring, new carpet in the hallway and a large 4 piece main bathroom with soaker tub and separate corner shower. The exterior features all vinyl siding and windows, new roof covering in 2020, loads of trees for privacy and a front deck that has a great view of the valley. The basement is accessible from the outside, is dry and warm and would be ideal as a workshop space or extra storage. Within walking distance to schools, daycares, parks, trails, shopping, cafes, restaurants, bakeries makes this property ideal for a buyer looking to be near downtown but away from the hustle. (id:56688)

Property Details
MLS: 1277751
Listing ID: 27454269
Address: 621 Southside Road, St. John's, Newfoundland & Labrador, Canada A1E1A4
Status: Active
Last updated: 3 days ago ( Oct 1, 2024 )
Year Built: 1950
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Other
Living Area Total: 1,537 square feet
Price per sq ft: $173
Tax Annual Amount: $2,104
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Carpeted, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 15
Rurl
Coordinates: [47.539518, -52.727584]

Rooms

Basement
Storage
19'3x16'1 null
Second level
Bedroom
Bedroom
Primary Bedroom
Bath (# pieces 1-6)
9'10x8'4 null
10'11x8'5 null
12'2x10'3 null
4pc
Main level
Living room
Family room
Kitchen
10'7x9'7 null
10'8x8'1 null
12'2x10'4 null

Basic Calculator



First Mortgage: $211,920

Mortgage insurance premium: $0

Total Financing: $211,920

Rough closing fee (1.5%): ~ $3,974

Total downpayment with estimated closing fee: $56,954

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,691$20,292
Gross rental income (income/principal ratio)0.638%7.660%
Mortgage$0$0
Monthly Expenses$332$3,984
Vacancy$85$1,015
Management Fee$136$1,624
Expense / Income Ratio19.63%19.63%
Cash Flow$1,140$13,680
Net Operating Income (NOI)$1,140$13,680
Capitalization Rate0.43%5.16%
Capitalization Rate: 5.16%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $378,429