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TelephoneEmail57 BLACKLER Avenue, ST. JOHN'S, Newfoundland & Labrador, Canada A1E3E9

57 BLACKLER Avenue

ST. JOHN'S, NL, A1E3E9

location

2 Beds | 2 Baths

$359,000

57 BLACKLER Avenue ST. JOHN'S Newfoundland & Labrador Canada A1E3E9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
57 BLACKLER Avenue ST. JOHN'S Newfoundland & Labrador Canada A1E3E9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
57 BLACKLER Avenue ST. JOHN'S Newfoundland & Labrador Canada A1E3E9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
57 BLACKLER Avenue ST. JOHN'S Newfoundland & Labrador Canada A1E3E9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
57 BLACKLER Avenue ST. JOHN'S Newfoundland & Labrador Canada A1E3E9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
57 BLACKLER Avenue ST. JOHN'S Newfoundland & Labrador Canada A1E3E9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
57 BLACKLER Avenue ST. JOHN'S Newfoundland & Labrador Canada A1E3E9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
57 BLACKLER Avenue ST. JOHN'S Newfoundland & Labrador Canada A1E3E9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
57 BLACKLER Avenue ST. JOHN'S Newfoundland & Labrador Canada A1E3E9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
57 BLACKLER Avenue ST. JOHN'S Newfoundland & Labrador Canada A1E3E9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1278962):

This Residential/Commercial property is a two bedroom self contained apartment. Currently rented for $1,200 per month for top apartment and $1,300 per month for bottom commercial. Tenants are willing to stay if they were to have the option. The Commercial area on the main could be used for any sort of retail business and has 6-8 parking spaces. All measurements are approximate. (id:56688)

Property Details
MLS: 1278962
Listing ID: 27576135
Address: 57 BLACKLER Avenue, ST. JOHN'S, Newfoundland & Labrador, Canada A1E3E9
Status: Active
Last updated: 4 days ago ( Oct 29, 2024 )
Year Built: 1978
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,128 square feet
Price per sq ft: $169
Tax Annual Amount: $2,595
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Alarm System
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.549371, -52.744604]

Rooms

Basement
Other
Other
Storage
4.6X29 null
28X29 null
9.6X11 null
Second level
Primary Bedroom
Bedroom
Eating area
Living room
Kitchen
11X17 null
10.6X10.6 null
9X10.6 null
10.6X16 null
9X10.6 null

Basic Calculator



First Mortgage: $287,200

Mortgage insurance premium: $0

Total Financing: $287,200

Rough closing fee (1.5%): ~ $5,385

Total downpayment with estimated closing fee: $77,185

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,341$28,092
Gross rental income (income/principal ratio)0.652%7.825%
Mortgage$0$0
Monthly Expenses$449$5,388
Vacancy$118$1,405
Management Fee$188$2,248
Expense / Income Ratio19.18%19.18%
Cash Flow$1,588$19,056
Net Operating Income (NOI)$1,588$19,056
Capitalization Rate0.44%5.31%
Capitalization Rate: 5.31%
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).): $512,858