42 Kennedy Road
St.John's, NL, A1E2G8
5 Beds | 2 Baths
$299,900
About the property (MLS: 1280495):
Registered 2 apt located within walking distance to schools ,and shopping . For those who don't drive there is a bus stop a minute away .There is 3 bedrooms for the main floor and 2 large bedrooms for apt . Main floor features hardwood floors ,wood burning fireplace custom kitchen cabinets, new furnace in 2013 and oil tank which is good till 2037 The electrical has been upgraded . . The apt offers 2 large bedroom and large living room and eat in kitchen . Apartment has own meter and electric heat . The garden is fully fenced which was done a few years ago . Parking for 3 cars available. This property is been sold as is where is . Any offers will have to be in by 5 pm Jan 5-2025 and to be answered by 2 pm Jan 6-2024 (id:56688)
Property Details
Listing ID: 27762909
Address: 42 Kennedy Road, St.John's, Newfoundland & Labrador, Canada A1E2G8
Status: Active
Last updated: 16 days ago ( Jan 3, 2025 )
Year Built: 1966
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
View: View
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Hot water radiator heat, Electric
Sewer: Municipal sewage system
Flooring: Hardwood
Living Area Total: 2,600 square feet
Price per sq ft: $116
Tax Annual Amount: $2,856
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Hot water radiator heat, Electric
Flooring: Hardwood
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 13
Rurl
Coordinates: [47.536681, -52.745812]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Bedroom Living room/Fireplace Dining room Kitchen | 4pc 12x8.6 null 15x11.9 null 15x9 null 17x13 null 14x11.6 null 15x10.6 null |
| Basement | Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen | 4pc 13.6x13.8 null 12x8 null 13.6x12.6 null 11.9x11.9 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,861 | $34,332 |
| Gross rental income (income/principal ratio) | 0.954% | 11.448% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $144 | $1,717 |
| Management Fee | $229 | $2,747 |
| Expense / Income Ratio | 13.11% | 13.11% |
| Cash Flow | $2,115 | $25,380 |
| Net Operating Income (NOI) | $2,115 | $25,380 |
| Capitalization Rate | 0.71% | 8.46% |
