About the property (MLS: 1277763):
Welcome to 23 Morris Ave, a charming detached home in the heart of Central St. John's. This inviting property features 3 bedrooms, 1 full bathroom plus a half bath on the main. Although small, the 3rd bedroom can accommodate a nursery or an office. This property offers drive through access to the backyard, a storage shed, parking for 3+ vehicles, hardwood flooring and a touch of character throughout. Located just minutes from parks, shops, restaurants, bus routes, the Avalon Mall and schools, this home combines convenience with comfort. Don't miss your chance to make this delightful property your own! Roof done in 2022. (id:56688)
Property Details
Listing ID: 27476154
Address: 23 Morris Avenue, St. John's, Newfoundland & Labrador, Canada A1C5E6
Status: Active
Last updated: 14 days ago ( Oct 19, 2024 )
Year Built: 1965
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Living Area Total: 2,710 square feet
Price per sq ft: $105
Tax Annual Amount: $2,280
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 20
Rurl
Coordinates: [47.55761, -52.728003]
Rooms
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | B4 null 9.1 x 8.4 null 12.0 x 10.3 null 14. x 21.0 null |
Main level | Other Porch Laundry room Bath (# pieces 1-6) Den Living room/Fireplace Kitchen | 10.0 x 10.0 null 10.0 x 4.0 null 10.0 x 6.0 null B2 null 14.0 x 8.4 null 20.5 x 10.7 null 13.3 x 10.0 null |
Basic Calculator
First Mortgage: $227,200
Mortgage insurance premium: $0
Total Financing: $227,200
Rough closing fee (1.5%): ~ $4,260
Total downpayment with estimated closing fee: $61,060
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,982 | $35,784 |
Gross rental income (income/principal ratio) | 1.050% | 12.600% |
Mortgage | $0 | $0 |
Monthly Expenses | $355 | $4,260 |
Vacancy | $150 | $1,790 |
Management Fee | $239 | $2,863 |
Expense / Income Ratio | 11.90% | 11.90% |
Cash Flow | $2,240 | $26,880 |
Net Operating Income (NOI) | $2,240 | $26,880 |
Capitalization Rate | 0.79% | 9.46% |