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TelephoneEmail111 Brookfield Road, St. John's, Newfoundland & Labrador, Canada A1E3V3

111 Brookfield Road

St. John's, NL, A1E3V3

location

6 Beds | 2 Baths

$329,900

111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
111 Brookfield Road St. John's Newfoundland & Labrador Canada A1E3V3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1280552):

This well-maintained 2-apartment property at 111 Brookfield Road offers a fantastic opportunity for investors or homeowners seeking rental income. Each unit features three spacious bedrooms, providing ample living space for tenants or extended family. With two separate apartments, the property holds great income-generating potential, making it an excellent addition to any real estate portfolio. Conveniently situated, this property is just minutes away from popular shopping areas, ensuring easy access to all your daily necessities. It is also within close proximity to the beautiful Bowring Park, offering residents the perfect outdoor retreat for relaxation and recreation. The property features two driveways, providing plenty of parking for tenants and guests. Significant updates include a fully updated electrical system in 2021, new shingles installed in 2021 and hot water tank installed in 2024. With its prime location, well-maintained condition, and recent improvements, 111 Brookfield Road presents an outstanding investment opportunity. Don't miss out—schedule your viewing today! Seller has signed a seller's direction and will not be considering offers until 5:00PM Sunday, Jan 19th. (id:56688)

Property Details
MLS: 1280552
Listing ID: 27808789
Address: 111 Brookfield Road, St. John's, Newfoundland & Labrador, Canada A1E3V3
Status: Active
Last updated: a month ago ( Jan 16, 2025 )
Year Built: 1970
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 6
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,340 square feet
Price per sq ft: $141
Tax Annual Amount: $2,346
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.520975, -52.765185]

Rooms

Lower level
Not known
Not known
Not known
Bath (# pieces 1-6)
Not known
Not known
12x11 null
10x10 null
10x8 null
5x8 null
11x12 null
12x13 null
Main level
Bedroom
Bedroom
Bedroom
Bath (# pieces 1-6)
Not known
Dining room
Living room
12x10 null
10x11 null
11x11 null
9x4 null
13x14 null
10x9 null
14x14 null

Basic Calculator



First Mortgage: $263,920

Mortgage insurance premium: $0

Total Financing: $263,920

Rough closing fee (1.5%): ~ $4,949

Total downpayment with estimated closing fee: $70,929

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,574$30,888
Gross rental income (income/principal ratio)0.780%9.363%
Mortgage$0$0
Monthly Expenses$413$4,956
Vacancy$129$1,545
Management Fee$206$2,472
Expense / Income Ratio16.05%16.05%
Cash Flow$1,827$21,924
Net Operating Income (NOI)$1,827$21,924
Capitalization Rate0.55%6.65%
Capitalization Rate: 6.65%
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).): $471,286