336 Blackmarsh Road
St. John's, NL, A1E1T4
4 Beds | 2 Baths
$299,900
About the property (MLS: 1280536):
Welcome to 336 Blackmarsh Road, a first time home-buyer’s perfect opportunity to secure a move-in ready, income-generating rental property at a great price. This picturesque 2-apartment home sits comfortably with nearly 80ft of well-maintained frontage on an oversized lot, conveniently located in the heart of the city. Within walking distance of grocery and convenience, and only a short drive to the university and shopping centre. Prominently featuring hardwood floors, large windows, and a wraparound deck looking out onto a spacious backyard. Recently re-shingled roof. This home is ready to be occupied immediately, and won’t last- Book your viewing now! (id:56688)
Property Details
Listing ID: 27768020
Address: 336 Blackmarsh Road, St. John's, Newfoundland & Labrador, Canada A1E1T4
Status: Active
Last updated: 5 days ago ( Jan 13, 2025 )
Year Built: 1955
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 2,220 square feet
Price per sq ft: $136
Tax Annual Amount: $1,812
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Oven - Built-In
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.544172, -52.752241]
Rooms
| Basement | Bedroom Not known Not known Not known Not known Bath (# pieces 1-6) Not known | 13'11''x 18' null 10'10''x 4'9'' null 8'2''x 14'7'' null 10'4''x 6'11'' null 11'9''x 12' null 9'2''x 5' null 15'x 11'10'' null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Living room Kitchen | 5'6''x 8'8'' null 10'7''x 8'11'' null 8'10''x 11' null 8'10''x 11'11'' null 18'3''x 15'11'' null 19'8''x 11'3'' 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 | $2,442 | $29,304 |
| Gross rental income (income/principal ratio) | 0.814% | 9.771% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $123 | $1,466 |
| Management Fee | $196 | $2,345 |
| Expense / Income Ratio | 15.36% | 15.36% |
| Cash Flow | $1,750 | $21,000 |
| Net Operating Income (NOI) | $1,750 | $21,000 |
| Capitalization Rate | 0.58% | 7.00% |
