About the property (MLS: 1279559):
Discover the charm of this spacious 2,600 square foot bungalow, perfectly situated in the heart of the city. As you step through the front door, a welcoming foyer with a convenient closet sets the tone for this delightful home. The newly renovated kitchen is a chef’s dream, featuring a large island and ample cupboard space, making it an ideal spot for entertaining family and friends. The oversized dining room comfortably accommodates an 8-person table, perfect for hosting gatherings. Relax in the expansive living room, where floor-to-ceiling windows fill the space with natural light and a cozy wood-burning fireplace invites warmth and comfort. Beautiful hardwood flooring flows seamlessly throughout the main level. This home offers three well-appointed bedrooms, including a bright primary suite, along with a stylish three-piece bathroom complete with a tub enclosure. Head downstairs to the lower level, where a spacious rec room awaits—complete with a built-in play area that could easily be transformed into an office. Additional features include a laundry area and an abundance of storage space to keep everything organized. Step outside to your private backyard oasis, featuring a large platform patio, a storage shed with drive-in access, and secure fencing—perfect for relaxing or entertaining. Recent upgrades include new shingles (2024), a modern kitchen, and a new oil tank, ensuring peace of mind for years to come. This home is not only a perfect starter but also a potential forever home, conveniently located near shopping centers, malls, gyms, convenience stores, and bus routes. Don’t miss out on this incredible opportunity. (id:56688)
Property Details
Listing ID: 27642090
Address: 5 Amherst Place, St. John's, Newfoundland & Labrador, Canada A1E3J6
Status: Active
Last updated: 17 days ago ( Nov 24, 2024 )
Year Built: 1951
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Forced air, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Living Area Total: 2,606 square feet
Price per sq ft: $131
Tax Annual Amount: $1,900
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Foundation Details: Concrete
Heating: Forced air, Oil
Flooring: Hardwood, Laminate, Mixed Flooring
Exterior Features: Wood
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.540046, -52.738723]
Rooms
Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Dining room Bedroom Kitchen Living room/Fireplace | 3pc 8x11.6 null 11.6x11.8 null 9x11.8 null 9x9 null 12x11.8 null 16x17.2 null |
Basement | Utility room Den Laundry room Storage Recreation room | 13x16 null 10x21.5 null 9.5x9 null 6x8.9 null 11x18.5 null |
Basic Calculator
First Mortgage: $271,920
Mortgage insurance premium: $0
Total Financing: $271,920
Rough closing fee (1.5%): ~ $5,099
Total downpayment with estimated closing fee: $73,079
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,867 | $34,404 |
Gross rental income (income/principal ratio) | 0.843% | 10.122% |
Mortgage | $0 | $0 |
Monthly Expenses | $425 | $5,100 |
Vacancy | $144 | $1,721 |
Management Fee | $230 | $2,753 |
Expense / Income Ratio | 14.82% | 14.82% |
Cash Flow | $2,070 | $24,840 |
Net Operating Income (NOI) | $2,070 | $24,840 |
Capitalization Rate | 0.61% | 7.31% |