155 Queens Road
St. John's, NL, A1B2C7
4 Beds | 3 Baths
$359,900
About the property (MLS: 1279491):
This captivating three-storey downtown property, brimming with character and charm, is versatile with its residential or commercial zoning, offering endless possibilities. Built in 1896 by Gerald S Doyle, this home boasts a rich history, while benefiting from updated plumbing, electrical, siding, and windows, providing the new owner with peace of mind, a rare find for a property of this age. The ground-level entry on the Bates Hill side welcomes you with an open kitchen, dining area, a half bath, and laundry facilities. The main floor features a grand living/dining room with 10-foot ceilings, a fireplace, and large wooden pocket doors. The second storey offers two spacious rooms and a full bathroom, while the third floor comprises two rooms, a full bathroom with a jacuzzi tub, and storage space. Throughout the property, the original character shines through, with 17th-century moldings, rosettes, original doors, high ceilings, and bay windows, creating a bright and spacious ambiance. Furthermore, all fire prevention tasks have been completed, streamlining the permit process for any new business. Whether you seek an incredibly easy-to-maintain heritage home near the downtown core to reside in or operate as an ideal Air BnB, this property could be the perfect choice. No conveyance of any written signed offers until 1pm on Nov. 11th, 2024. (id:56688)
Property Details
Listing ID: 27632195
Address: 155 Queens Road, St. John's, Newfoundland & Labrador, Canada A1B2C7
Status: Active
Last updated: a month ago ( Nov 8, 2024 )
Year Built: 1896
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 4
Number of Levels: 4
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Living Area Total: 3,160 square feet
Price per sq ft: $114
Tax Annual Amount: $3,006
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Dryer, Alarm System
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.562728, -52.711196]
Rooms
| Third level | Ensuite Bedroom Bedroom | 8.5 x 7 null 14 x 10 null 12 x 12 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom | 95 x 5.5 null 14.5 x 13 null 14.5 x 13.5 null |
| Main level | Porch Dining room Living room/Fireplace | 5 x 5.5 null 13 x 14.5 null 14 x 12.5 null |
| Lower level | Laundry room Kitchen Dining room | 12 x 12.5 null 14 x 12.5 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 | $3,477 | $41,724 |
| Gross rental income (income/principal ratio) | 0.966% | 11.593% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $450 | $5,400 |
| Vacancy | $174 | $2,087 |
| Management Fee | $279 | $3,338 |
| Expense / Income Ratio | 12.94% | 12.94% |
| Cash Flow | $2,575 | $30,900 |
| Net Operating Income (NOI) | $2,575 | $30,900 |
| Capitalization Rate | 0.72% | 8.59% |
