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TelephoneEmail13 Hutchings Street, St John's, Newfoundland & Labrador, Canada A1E2R8

13 Hutchings Street

St John's, NL, A1E2R8

location

3 Beds | 2 Baths

$275,000

13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
13 Hutchings Street St John's Newfoundland & Labrador Canada A1E2R8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279433):

This charming historic home in downtown St. John's offers the perfect blend of modern comfort and classic character, all just steps from George Street, local dining, the harbor, and the vibrant downtown scene. The first floor boasts a spacious kitchen with plenty of cupboard space and a nicely sized living room, creating an inviting space for relaxation and entertaining. On the second level, you will find two bright and cozy bedrooms along with a full bathroom that features a luxurious free-standing soaker tub. The top floor hosts the large primary bedroom which offers a generous walk-in closet and ensuite bathroom with claw-foot tub. Additionally, there is a lookout, perfect for enjoying nice views of the city. The fenced backyard provides an ideal outdoor space for relaxation. The home was extensively renovated in 2015 and finished with crown molding throughout. Some of the upgrades included electrical, windows, doors, vinyl siding and more. The home is equipped with electric heat, a 200-amp electrical panel. This home truly captures the essence of downtown living with a unique blend of character, style, and functionality. (id:56688)

Property Details
MLS: 1279433
Listing ID: 27627746
Address: 13 Hutchings Street, St John's, Newfoundland & Labrador, Canada A1E2R8
Status: Active
Last updated: a day ago ( Dec 10, 2024 )
Year Built: 1960
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: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 1,440 square feet
Price per sq ft: $191
Tax Annual Amount: $2,500
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher, Oven - Built-In
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.555134, -52.712863]

Rooms

Basement
Laundry room
24' x 20 null
Third level
Ensuite
Bedroom
10' x 7' null
24' x 20' null
Second level
Bath (# pieces 1-6)
Bedroom
Bedroom
10' x 7' null
11' x 13' null
11' x 13' null
Main level
Not known
Living room
Foyer
20' x 13' null
20' x 13' null
5' x 6' null

Basic Calculator



First Mortgage: $220,000

Mortgage insurance premium: $0

Total Financing: $220,000

Rough closing fee (1.5%): ~ $4,125

Total downpayment with estimated closing fee: $59,125

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,585$19,020
Gross rental income (income/principal ratio)0.576%6.916%
Mortgage$0$0
Monthly Expenses$344$4,128
Vacancy$80$951
Management Fee$127$1,522
Expense / Income Ratio21.70%21.70%
Cash Flow$1,035$12,420
Net Operating Income (NOI)$1,035$12,420
Capitalization Rate0.38%4.52%
Capitalization Rate: 4.52%
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).): $392,858