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TelephoneEmail16 Scott Street, St. John's, Newfoundland & Labrador, Canada A1C2P7

16 Scott Street

St. John's, NL, A1C2P7

location

4 Beds | 2 Baths

$149,900

16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
16 Scott Street St. John's Newfoundland & Labrador Canada A1C2P7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1281169):

Located in the vibrant and historic downtown area of St. John's, this property is brimming with character and charm, just waiting to be restored to its former glory. 4 spacious bedrooms and 2 full bathrooms are perfect for a family. Location, Location, Location! Situated in the heart of downtown St. John’s, you'll be close to all the amenities, shops, restaurants, and cultural attractions that make this area so desirable. This home’s prime location and historical charm make it an ideal project for those looking to invest in downtown St. John’s. With a bit of creativity and elbow grease, this beautiful home could become a stunning residence or a lucrative rental property. Lots of possibilities!* As per Sellers Directive, there will be no presentation of offers until 1 PM on Monday, January 27th. All offers will be responded to by 4PM on January 27th and all offers should be left open until that time. (id:56688)

Property Details
MLS: 1281169
Listing ID: 27844409
Address: 16 Scott Street, St. John's, Newfoundland & Labrador, Canada A1C2P7
Status: Active
Last updated: 18 days ago ( Jan 27, 2025 )
Year Built: 1960
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,500 square feet
Price per sq ft: $100
Tax Annual Amount: $692
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding, Other
Common Interest: Freehold
Number of photos available: 20
Rurl
Coordinates: [47.565051, -52.717852]

Rooms

Second level
Bath (# pieces 1-6)
Bedroom
Bedroom
Bedroom
Bedroom
5*5 null
14*8 null
10*14 null
8*9 null
12*7 null
Main level
Living room
Bath (# pieces 1-6)
Kitchen
20*14 null
5*5 null
13*10 null

Basic Calculator



First Mortgage: $119,920

Mortgage insurance premium: $0

Total Financing: $119,920

Rough closing fee (1.5%): ~ $2,249

Total downpayment with estimated closing fee: $32,229

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,651$19,812
Gross rental income (income/principal ratio)1.101%13.217%
Mortgage$0$0
Monthly Expenses$188$2,256
Vacancy$83$991
Management Fee$133$1,585
Expense / Income Ratio11.39%11.39%
Cash Flow$1,249$14,988
Net Operating Income (NOI)$1,249$14,988
Capitalization Rate0.83%10.00%
Capitalization Rate: 10.00%
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).): $214,143