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TelephoneEmail20 Lynch Place, St. John's, Newfoundland & Labrador, Canada A1B4L8

20 Lynch Place

St. John's, NL, A1B4L8

location

3 Beds | 2 Baths

$371,900

20 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
20 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
20 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
20 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
20 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
20 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
20 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
20 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
20 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
20 Lynch Place St. John's Newfoundland & Labrador Canada A1B4L8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1281425):

A beautifully designed duplex with an attached garage, ideally located near MUN, the Health Sciences Centre, and Avalon Mall. This home boasts an open-concept layout, featuring two bedrooms and a full bathroom on the main floor, while the lower level offers a third bedroom, an additional full bathroom, and a convenient laundry area. Enjoy outdoor living with a 10' x 12' patio deck, a paved driveway, and fully landscaped grounds—nursery sod in the front and hydro-seeded backyard with a natural tree line for privacy. Plus, it comes with a 10-year Atlantic Home Warranty. Almost ready for occupancy, this home offers stunning city views from Lynch Place! (id:56688)

Property Details
MLS: 1281425
Listing ID: 27869035
Address: 20 Lynch Place, St. John's, Newfoundland & Labrador, Canada A1B4L8
Status: Active
Last updated: 11 days ago ( Feb 3, 2025 )
Year Built: 2024
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: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Living Area Total: 1,424 square feet
Price per sq ft: $262
Tax Annual Amount: $3,300
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 10
Rurl
Coordinates: [47.555102, -52.751312]

Rooms

Lower level
Porch
Foyer
Bath (# pieces 1-6)
Laundry room
Bedroom
6 x 4 null
10 x 6 aprox null
4pc
12 x 5.3 null
18.11 x 10 null
Main level
Bath (# pieces 1-6)
Primary Bedroom
Bedroom
Dining room
Kitchen
Living room
4 pc
11 x 13 null
9 x 9.3 null
10 x 11 null
10.4 x 10 null
11 x 14 null

Basic Calculator



First Mortgage: $297,520

Mortgage insurance premium: $0

Total Financing: $297,520

Rough closing fee (1.5%): ~ $5,579

Total downpayment with estimated closing fee: $79,959

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,567$18,804
Gross rental income (income/principal ratio)0.421%5.056%
Mortgage$0$0
Monthly Expenses$465$5,580
Vacancy$79$941
Management Fee$126$1,505
Expense / Income Ratio29.67%29.67%
Cash Flow$899$10,788
Net Operating Income (NOI)$899$10,788
Capitalization Rate0.24%2.90%
Capitalization Rate: 2.90%
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).): $531,286