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TelephoneEmail243 Southside Road, St. John's, Newfoundland & Labrador, Canada A1E1A1

243 Southside Road

St. John's, NL, A1E1A1

location

3 Beds | 1 Bath

$149,900

243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
243 Southside Road St. John's Newfoundland & Labrador Canada A1E1A1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1280090):

Welcome to the Southside Road of St. John's, this home is nestled on one of the most historic and oldest streets in the city. This semi-detached home is very for that make over and modern updating. Located within walking distance to many amenities such as restaurants, historic landmarks and the downtown core just minutes away. Just down the road is the start of the Trans Canada Travel Trail leading to Bowring Park. The main floor offers an inviting living room, kitchen and rec room at the rear of the house. Outside off the rec room there is a quaint and low-maintenance backyard with a patio, perfect for summer outdoor get-togethers and a storage shed. Upstairs, you'll find three bedrooms accentuated ceilings, a full bathroom, all the windows are large and let in a lot of natural light. This older style home has a front yard and there's off street parking. (id:56688)

Property Details
MLS: 1280090
Listing ID: 27703956
Address: 243 Southside Road, St. John's, Newfoundland & Labrador, Canada A1E1A1
Status: Active
Last updated: 9 days ago ( Jan 10, 2025 )
Year Built: 1834
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Hot water radiator heat, Radiator
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,835 square feet
Price per sq ft: $82
Tax Annual Amount: $1,430
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, Radiator
Flooring: Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.553212, -52.711459]

Rooms

Second level
Bedroom
Bedroom
Primary Bedroom
Bath (# pieces 1-6)
9'10""x6'1"" null
14'9""x9'3"" null
14'1""x13'8"" null
4PC null
Main level
Recreation room
Not known
Living room
Porch
11'9""x20'5 null
15'3""x13'11"" null
15'1""x13'8"" null
5'7""x3'2"" null

Basic Calculator



First Mortgage: $119,920

Mortgage insurance premium: $0

Total Financing: $119,920

Rough closing fee (1.5%): ~ $2,249

Total downpayment with estimated closing fee: $32,229

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,019$24,228
Gross rental income (income/principal ratio)1.347%16.163%
Mortgage$0$0
Monthly Expenses$188$2,256
Vacancy$101$1,212
Management Fee$162$1,939
Expense / Income Ratio9.31%9.31%
Cash Flow$1,569$18,828
Net Operating Income (NOI)$1,569$18,828
Capitalization Rate1.05%12.56%
Capitalization Rate: 12.56%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $214,143