23 Suvla Street
St. Johns, NL, A1C4Z2
6 Beds | 2 Baths
$349,900
About the property (MLS: 1279441):
Welcome to 23 Suvla street, this meticulously maintained 6 bedroom 2 apartment home is perfect for buyers looking to subsidize their living expenses, or the savvy investor looking for a home walking distance to Memorial University, the Health Sciences Center, and Churchill Square. The property has many luxuries, such as a propane fireplace, heated tile kitchen aswell as stunning hardwood floors, 9ft ceilings, and a large rear patio to enjoy those warm summer evenings, this home is sure to impress! The house has been completely renovated in recent years and is ready for its new owner. Act quick and call today! Seller direction in place. offers due 5pm Tuesday, November 12th/24. Will be reviewed and answered by 8pm. (id:56688)
Property Details
Listing ID: 27630337
Address: 23 Suvla Street, St. Johns, Newfoundland & Labrador, Canada A1C4Z2
Status: Active
Last updated: a month ago ( Nov 8, 2024 )
Year Built: 1955
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 6
Baths: 2
1/2 Baths: 0
Heating: Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 1,914 square feet
Price per sq ft: $183
Tax Annual Amount: $2,500
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric, Propane
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 40
Rurl
Coordinates: [47.565543, -52.727526]
Rooms
| Lower level | Bath (# pieces 1-6) Not known Not known Not known Not known Not known | 3pcs 10.3ftx11ft null 10.6ftx11.6ft null 10.3ftx11.6ft null 12.6ftx13ft null 10.6ftx9.6ft null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Bedroom Living room/Fireplace Kitchen | 3pcs 10.9ftx11ft null 12ftx10ft null 10.25ftx11ft null 10.5ftx12.5ft null 14ftx11ft null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,106 | $25,272 |
| Gross rental income (income/principal ratio) | 0.602% | 7.223% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $106 | $1,264 |
| Management Fee | $169 | $2,022 |
| Expense / Income Ratio | 20.80% | 20.80% |
| Cash Flow | $1,395 | $16,740 |
| Net Operating Income (NOI) | $1,395 | $16,740 |
| Capitalization Rate | 0.40% | 4.78% |
