172 Pennywell Road
St. John's, NL, A1C2L6
5 Beds | 3 Baths
$390,000
About the property (MLS: 1280184):
Attention investors, this registered 3 unit property in the heart of the city is a must see! Near all major amenities, schools/MUN, hospitals and downtown. The main level is a two bedroom unit with additional side yard access, two bedrooms, bathroom, laundry, and kitchen with ample cabinet space. The upper level is a one bedroom unit with added living room and bathroom, and the third unit in the basement is a one bedroom unit with a spacious kitchen, and main bathroom. In recent years this property has seen new exterior paint, new exterior doors for the front of the home and the basement, and the roof was replaced in 2020. This would make an ideal investment property for anyone looking to add to their portfolio, or a fantastic multi-generational home. (id:56688)
Property Details
Listing ID: 27715919
Address: 172 Pennywell Road, St. John's, Newfoundland & Labrador, Canada A1C2L6
Status: Active
Last updated: a month ago ( Dec 5, 2024 )
Year Built: 1963
Property Type: Single Family
Structure Type: Multi-Family
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Living Area Total: 2,700 square feet
Price per sq ft: $145
Tax Annual Amount: $2,765
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Hardwood, Laminate
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 43
Rurl
Coordinates: [47.560745, -52.724744]
Rooms
| Basement | Bedroom Living room Kitchen | 9.00 x 10.00 null 12.00 x 16.00 null 10.00 x 9.00 null |
| Second level | Kitchen Bedroom Living room | 10.00 x 6.00 null 12.00 x 8.00 null 12.00 x 14.00 null |
| Main level | Bedroom Living room Bedroom Kitchen | 9.00 x 10.00 null 12.00 x 16.00 null 12.00 x 10.00 null 6.00 x 12.00 null |
Basic Calculator
First Mortgage: $312,000
Mortgage insurance premium: $0
Total Financing: $312,000
Rough closing fee (1.5%): ~ $5,850
Total downpayment with estimated closing fee: $83,850
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,971 | $35,652 |
| Gross rental income (income/principal ratio) | 0.762% | 9.142% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $488 | $5,856 |
| Vacancy | $149 | $1,783 |
| Management Fee | $238 | $2,853 |
| Expense / Income Ratio | 16.43% | 16.43% |
| Cash Flow | $2,097 | $25,164 |
| Net Operating Income (NOI) | $2,097 | $25,164 |
| Capitalization Rate | 0.54% | 6.45% |
