41 Morris Avenue
St. John's, NL, A1C5E6
2 Beds | 1 Bath
$224,900
About the property (MLS: 1279935):
Welcome to this delightful two-bedroom, one-bathroom bungalow, a perfect fit for first-time buyers, savvy investors, or those seeking a cozy retirement retreat. Offering convenient main floor living, this home boasts a spacious living room, a bright eat-in kitchen with ample storage and classic white cabinetry, and a bathroom complete with a tub surround for added comfort. The main floor laundry room leads to the large, fully fenced backyard, perfect for gardening, entertaining, or simply relaxing in your private outdoor space. Situated in a prime location, you’ll be just minutes from downtown, with easy access to shopping, schools, public transit, and major amenities. The nearby bus routes also provide a direct connection to the mall and local educational institutions, making this home as practical as it is charming. This home has so much potential so don't miss your chance to own this affordable and inviting property. This property is being sold as is where is (id:56688)
Property Details
Listing ID: 27682084
Address: 41 Morris Avenue, St. John's, Newfoundland & Labrador, Canada A1C5E6
Status: Active
Last updated: 16 days ago ( Nov 25, 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: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 678 square feet
Price per sq ft: $332
Tax Annual Amount: $1,242
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Wood
Common Interest: Freehold
Number of photos available: 19
Rurl
Coordinates: [47.558351, -52.728396]
Rooms
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Kitchen Living room Foyer | 5.7 x 6.0 null 4.6 x 10.4 null 10.7 x 10.4 null 10.2 x 10.4 null 13.6 x 10.3 null 13.5 x 10.3 null 4.2 X 4.0 null |
Basic Calculator
First Mortgage: $179,920
Mortgage insurance premium: $0
Total Financing: $179,920
Rough closing fee (1.5%): ~ $3,374
Total downpayment with estimated closing fee: $48,354
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $746 | $8,952 |
| Gross rental income (income/principal ratio) | 0.332% | 3.980% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $282 | $3,384 |
| Vacancy | $38 | $448 |
| Management Fee | $60 | $717 |
| Expense / Income Ratio | 37.80% | 37.80% |
| Cash Flow | $368 | $4,416 |
| Net Operating Income (NOI) | $368 | $4,416 |
| Capitalization Rate | 0.16% | 1.96% |
