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TelephoneEmail58 Charlton Street, St. John's, Newfoundland & Labrador, Canada A1C1Z1

58 Charlton Street

St. John's, NL, A1C1Z1

location

4 Beds | 1 Bath

$145,000

58 Charlton Street St. John's Newfoundland & Labrador Canada A1C1Z1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1280856):

Welcome to 58 Charlton Street, a corner house with no yard—offering the benefit of low-maintenance living or investment ownership! Currently rented by the room, this property generates steady rental income, making it an excellent addition to your portfolio. The 200-amp breaker panel ensures the electrical system is modern and ready to accommodate your plans. Whether you’re looking to continue operating it as a rental or transform it into something extraordinary, 58 Charlton Street provides both versatility and potential. Note room sizes not available at time of listing due to restricted access. (id:56688)

Property Details
MLS: 1280856
Listing ID: 27793929
Address: 58 Charlton Street, St. John's, Newfoundland & Labrador, Canada A1C1Z1
Status: Active
Last updated: 16 days ago ( Jan 28, 2025 )
Year Built: 1948
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Beds: 4
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Carpeted, Mixed Flooring
Living Area Total: 1,400 square feet
Price per sq ft: $104
Tax Annual Amount: $1,035
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Carpeted, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.556891, -52.717893]

Rooms

Other
Other
SEE REMARKS null

Basic Calculator



First Mortgage: $116,000

Mortgage insurance premium: $0

Total Financing: $116,000

Rough closing fee (1.5%): ~ $2,175

Total downpayment with estimated closing fee: $31,175

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Investment Calculator:

MonthlyYearly
Gross Revenue$1,541$18,492
Gross rental income (income/principal ratio)1.063%12.753%
Mortgage$0$0
Monthly Expenses$182$2,184
Vacancy$78$925
Management Fee$124$1,480
Expense / Income Ratio11.81%11.81%
Cash Flow$1,159$13,908
Net Operating Income (NOI)$1,159$13,908
Capitalization Rate0.80%9.59%
Capitalization Rate: 9.59%
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).): $207,143