28 Symonds Avenue
St. John's, NL, A1E1S1
3 Beds | 2 Baths
$275,000
About the property (MLS: 1279544):
This one of a kind office space with new roof shingles, ready to be used as is for an office, or converted into a large residential residence, is located in the centre of St. John's, is on an almost 1/2 acre lot surrounded by mature trees. The 1775 square foot building has 9 1/2 foot ceilings with 3 offices, a large room that can be used as an office or board room, another large room that can used as an office or reception area, and 2 half bathrooms. Owners upgraded to an electric furnace about 8 years ago. Property is zoned Commercial Office (CO), and would need to be rezoned for residential use. (id:56688)
Property Details
Listing ID: 27645094
Address: 28 Symonds Avenue, St. John's, Newfoundland & Labrador, Canada A1E1S1
Status: Active
Last updated: a month ago ( Nov 13, 2024 )
Year Built: 1940
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 2
Heating: Hot water radiator heat, Radiant heat, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Living Area Total: 1,725 square feet
Price per sq ft: $160
Tax Annual Amount: $9,228
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Radiant heat, Electric
Flooring: Hardwood, Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.551867, -52.728767]
Rooms
| Main level | Other Family room/Fireplace Bath (# pieces 1-6) Bath (# pieces 1-6) | 10x17 null 33x12 null 2 Piece null 2 Piece 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
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,898 | $22,776 |
| Gross rental income (income/principal ratio) | 0.690% | 8.282% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $344 | $4,128 |
| Vacancy | $95 | $1,139 |
| Management Fee | $152 | $1,823 |
| Expense / Income Ratio | 18.12% | 18.12% |
| Cash Flow | $1,308 | $15,696 |
| Net Operating Income (NOI) | $1,308 | $15,696 |
| Capitalization Rate | 0.48% | 5.71% |
