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TelephoneEmail5 Summer Street, St. John's, Newfoundland & Labrador, Canada A1C2T8

5 Summer Street

St. John's, NL, A1C2T8

location

3 Beds | 1 Bath

$179,900

5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
5 Summer Street St. John's Newfoundland & Labrador Canada A1C2T8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1280274):

Wow! Immediate occupancy available on this tidy two bedroom semi attached home in the heart of St. Johns. Close to the university, downtown, grocery stores and pretty much everything you will need. Own this home for cheaper than paying rent. Property is heated by oil furnace. Did I mention it is vacant currently and you can move right in! Off-street parking for one small car. Cozy backyard and priced to sell. Property is being sold as is, as current owners have never lived there. It’s been a rental. There is a sag in the roof and the floors but has been that way since they purchased. (id:56688)

Property Details
MLS: 1280274
Listing ID: 27725975
Address: 5 Summer Street, St. John's, Newfoundland & Labrador, Canada A1C2T8
Status: Active
Last updated: a month ago ( Dec 10, 2024 )
Year Built: 1950
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, Oil
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 1,116 square feet
Price per sq ft: $162
Tax Annual Amount: $1,080
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Heating: Hot water radiator heat, Oil
Flooring: Laminate, Other
Exterior Features: Vinyl siding, Other
Common Interest: Freehold
Number of photos available: 15
Rurl
Coordinates: [47.564562, -52.723345]

Rooms

Second level
Bedroom
Bedroom
Primary Bedroom
8x8 null
14x8 null
11x10 null
Main level
Storage
Kitchen
Living room
10x10 null
17x10 null
14x10 null

Basic Calculator



First Mortgage: $143,920

Mortgage insurance premium: $0

Total Financing: $143,920

Rough closing fee (1.5%): ~ $2,699

Total downpayment with estimated closing fee: $38,679

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,228$14,736
Gross rental income (income/principal ratio)0.683%8.191%
Mortgage$0$0
Monthly Expenses$225$2,700
Vacancy$62$737
Management Fee$99$1,179
Expense / Income Ratio18.32%18.32%
Cash Flow$844$10,128
Net Operating Income (NOI)$844$10,128
Capitalization Rate0.47%5.63%
Capitalization Rate: 5.63%
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).): $257,000