About the property (MLS: 1279055):
Located in the city's west end is this well maintained 2-apartment, 5 bedroom bungalow. Main unit with living room and fireplace (not operational or WETT compliant) and adjacent dining area, kitchen with refinished oak cabinets, 3 bedrooms, colonial trim and a full bath. Basement is improved with a self-contained 2-bedroom apartment (~ 800 sq ft). The apartment has it's own electrical and shares hot water heat with the main unit. No self-contained laundry in the apartment, but the new owner could choose to install if desired. Remainder of the basement area is unfinished and is utilized for the laundry and Hot Water furnace (on a service contract). See documents for list of improvements during recent remodeling. Main unit fridge, stove and washer and dryer included in sale. Apartment stove included (New refrigerator in apartment will be installed prior to closing). No Conveyance of offers until 12noon Friday, November 1, 2024 as per sellers directive - Request offers be left open until 4pm Nov 1, 2024 (id:56688)
Property Details
Listing ID: 27588183
Address: 70 Boyle Street, St. John's, Newfoundland & Labrador, Canada A1E2H6
Status: Active
Last updated: 5 days ago ( Oct 28, 2024 )
Year Built: 1976
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Hot water radiator heat, Oil, Radiator
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 2,157 square feet
Price per sq ft: $167
Tax Annual Amount: $2,202
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Alarm System
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Hot water radiator heat, Oil, Radiator
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.540985, -52.744591]
Rooms
Basement | Not known Not known Bath (# pieces 1-6) Not known Not known Laundry room | 11x 12.11 null 10.11 x 11.13 null 4 piece null 12.11 x 12.11 null 8.1 x 11.4 null 10.8 x 29.10 null |
Main level | Bath (# pieces 1-6) Primary Bedroom Bedroom Bedroom Kitchen Dining room Living room/Fireplace | 4 piece 5.3x8.9 null 9.6 x 13.9 null 8.9 x 13.5 null 8.9 x 9.8 null 11.3 x 13.8 null 11.3 x 10.4 null 13.2 x 15.10 null |
Basic Calculator
First Mortgage: $287,920
Mortgage insurance premium: $0
Total Financing: $287,920
Rough closing fee (1.5%): ~ $5,399
Total downpayment with estimated closing fee: $77,379
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,373 | $28,476 |
Gross rental income (income/principal ratio) | 0.659% | 7.912% |
Mortgage | $0 | $0 |
Monthly Expenses | $450 | $5,400 |
Vacancy | $119 | $1,424 |
Management Fee | $190 | $2,279 |
Expense / Income Ratio | 18.96% | 18.96% |
Cash Flow | $1,615 | $19,380 |
Net Operating Income (NOI) | $1,615 | $19,380 |
Capitalization Rate | 0.45% | 5.38% |