About the property (MLS: 1278623):
Discover your chance to own a piece of downtown St. John's in the highly desirable Georgestown area! This delightful 3-bedroom, 2-story home boasts original character, including staircase and beautiful tin ceilings and walls. One lined fireplace, softwood floors, and bay window in the living room and primary bedroom. The main floor is complete with a dining room and newly updated kitchen leading to the back deck which overlooks the garden - a perfect spot for morning coffee or evening relaxation. The second floor has 3 spacious bedrooms, 1 newly updated bathroom and walk-in linen closet. Great location near MUN, downtown, grocery stores, walking trails, shopping and Bannerman Park. This home has excellent potential to be restored to its former grandeur, allowing you to infuse your own style while preserving its character. The basement has a laundry area and is divided into several storage rooms which could be developed if desired. New vinyl windows in 2022. ** Home is being sold "as is, where is" (any home inspection will be for the purchaser's information only). The Seller(s) hereby directs the listing Brokerage there will be NO CONVEYANCE OF ANY WRITTEN SIGNED OFFERS prior to 7pm on the 24 day of October, 2024 (conveyance includes but is not limited to presentation, communication, transmission, entertainment or notification of). Offers to be left open for consideration until 11:59pm, Thursday, October 24, 2024. Vendors have not lived in the property so there is NO Property Condition Disclosure Statement or heating costs available. (id:56688)
Property Details
Listing ID: 27545378
Address: 104 Circular Road, St. John's, Newfoundland & Labrador, Canada A1C2Z5
Status: Active
Last updated: 14 days ago ( Oct 24, 2024 )
Year Built: 1899
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: Oil, Radiator
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,400 square feet
Price per sq ft: $104
Tax Annual Amount: $1,879
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil, Radiator
Flooring: Mixed Flooring
Exterior Features: Wood, Vinyl siding, Other
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.571265, -52.715319]
Rooms
Main level | Porch Living room Dining room Kitchen | 4.11x5.9 null 12.10x13.5 null 10.5x12.10 null 13.6x10 null |
Second level | Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom | 6.2x8.7 null 12.10x13.5 null 12.11x11.8 null 13.6x10 null |
Basic Calculator
First Mortgage: $199,200
Mortgage insurance premium: $0
Total Financing: $199,200
Rough closing fee (1.5%): ~ $3,735
Total downpayment with estimated closing fee: $53,535
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,640 | $31,680 |
Gross rental income (income/principal ratio) | 1.060% | 12.723% |
Mortgage | $0 | $0 |
Monthly Expenses | $312 | $3,744 |
Vacancy | $132 | $1,584 |
Management Fee | $212 | $2,535 |
Expense / Income Ratio | 11.82% | 11.82% |
Cash Flow | $1,985 | $23,820 |
Net Operating Income (NOI) | $1,985 | $23,820 |
Capitalization Rate | 0.80% | 9.57% |