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TelephoneEmail117 Elizabeth Avenue, St. John's, Newfoundland & Labrador, Canada A1B1R6

117 Elizabeth Avenue

St. John's, NL, A1B1R6

location

3 Beds | 2 Baths

$299,900

117 Elizabeth Avenue St. John's Newfoundland & Labrador Canada A1B1R6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
117 Elizabeth Avenue St. John's Newfoundland & Labrador Canada A1B1R6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1280904):

Great property for a handyman or renovator! Don’t miss the opportunity to view 117 Elizabeth Avenue, ideally situated in one of the city's most sought-after neighborhoods, on a generous 57' x 141' building lot. This home offers great potential with an attached garage, 3 bedrooms on the main, a bright and spacious living room, wide hallways and a fully developed basement ready for your vision. Come see the possibilities! No conveyance of offers as per sellers direction until 12pm on January 17th. (id:56688)

Property Details
MLS: 1280904
Listing ID: 27799478
Address: 117 Elizabeth Avenue, St. John's, Newfoundland & Labrador, Canada A1B1R6
Status: Active
Last updated: a month ago ( Jan 15, 2025 )
Year Built: 1954
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: 0
Heating: Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 2,790 square feet
Price per sq ft: $108
Tax Annual Amount: $2,572
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Oil
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.58007, -52.716106]

Rooms

Basement
Other
Storage
Kitchen
Family room
Utility room
9'1 x 11'7 null
11'10 x 7'8 null
11'8 x 15'6 null
14'6 x 16 null
11'7 x 12 null
Main level
Bedroom
Bath (# pieces 1-6)
Bedroom
Primary Bedroom
Kitchen
Dining room
Living room/Fireplace
9'11 x 9 null
4pcs
9'11 x 7'11 null
13'6 x 13'6 null
12'11 x 9'11 null
9'10 x 12'4 null
14'10 x 15'6 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

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$3,070$36,840
Gross rental income (income/principal ratio)1.024%12.284%
Mortgage$0$0
Monthly Expenses$375$4,500
Vacancy$154$1,842
Management Fee$246$2,948
Expense / Income Ratio12.21%12.21%
Cash Flow$2,296$27,552
Net Operating Income (NOI)$2,296$27,552
Capitalization Rate0.77%9.19%
Capitalization Rate: 9.19%
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).): $428,429