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TelephoneEmail3 Gilbert Street, St. John's, Newfoundland & Labrador, Canada A1C1X3

3 Gilbert Street

St. John's, NL, A1C1X3

location

3 Beds | 2 Baths

$264,900

3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
3 Gilbert Street St. John's Newfoundland & Labrador Canada A1C1X3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1280844):

If you've been looking for a well maintained, affordable home in downtown St. John's, this is the one for you! The main floor features a spacious living room with electric fireplace. You will also find a large eat-in kitchen with plenty of cupboard space, leading to a large mudroom with laundry and a conveniently located 2 piece bathroom. On the second floor you'll find a large bright full bathroom and 3 great sized, bright bedrooms with plenty of closet space. There is plenty of storage space with a 14'x30' dry storage space in the basement of the home. This sweet home also has a brand new torch-on roof (Dec 2024) so the roof won't be a concern for many many years to come. The location is unbeatable, within walking distance of restaurants, entertainment, shopping, and everything else that downtown St. John's has to offer. (id:56688)

Property Details
MLS: 1280844
Listing ID: 27795976
Address: 3 Gilbert Street, St. John's, Newfoundland & Labrador, Canada A1C1X3
Status: Active
Last updated: a month ago ( Jan 14, 2025 )
Year Built: 1950
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Forced air, Oil, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,200 square feet
Price per sq ft: $221
Tax Annual Amount: $1,396
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Block
Heating: Forced air, Oil, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.55865, -52.71643]

Rooms

Basement
Storage
14 x 30 null
Second level
Bath (# pieces 1-6)
Bedroom
Bedroom
Primary Bedroom
4pc
12.5 x 9 null
9.5 x 8.5 null
12.5 x 9 null
Main level
Bath (# pieces 1-6)
Laundry room
Not known
Family room
2pc
15 x 11 null
14 x 12 null
17 x 10 null

Basic Calculator



First Mortgage: $211,920

Mortgage insurance premium: $0

Total Financing: $211,920

Rough closing fee (1.5%): ~ $3,974

Total downpayment with estimated closing fee: $56,954

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,320$15,840
Gross rental income (income/principal ratio)0.498%5.980%
Mortgage$0$0
Monthly Expenses$332$3,984
Vacancy$66$792
Management Fee$106$1,268
Expense / Income Ratio25.15%25.15%
Cash Flow$817$9,804
Net Operating Income (NOI)$817$9,804
Capitalization Rate0.31%3.70%
Capitalization Rate: 3.70%
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).): $378,429