5 Murley Drive
Mount Pearl, NL, A1N4Z7
5 Beds | 2 Baths
$319,900
About the property (MLS: 1281518):
Main floor available for immediate occupancy. Fantastic opportunity to own this 2 apartment home located in Westbrook Landing, Mount Pearl. This 5 bedroom 2 bath home checks all of boxes and would make a great starter home or an awesome investment property. Aside from being situated in a desirable location this home has so much to offer. It has separate driveways, it backs on to a greenbelt with access to trails and parks, has a detached garage, and it is located just minutes from schools, recreation and shopping. The main floor has been freshly painted and is move in ready. The basement apartment has a long term tenant currently paying $825 pou who wishes to stay. As per sellers directive there be no conveyance of offers prior to Feb. 11th at 2pm. Offers to be left open until 7pm. (id:56688)
Property Details
Listing ID: 27884631
Address: 5 Murley Drive, Mount Pearl, Newfoundland & Labrador, Canada A1N4Z7
Status: Active
Last updated: a month ago ( Feb 9, 2025 )
Year Built: 1984
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 2,064 square feet
Price per sq ft: $155
Tax Annual Amount: $2,283
Tax Year: 2024
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 26
Rurl
Coordinates: [47.502623, -52.804908]
Rooms
| Basement | Laundry room Storage | 9.11 x 9.6 null 9.10 x 7 null |
| Main level | Bedroom Bedroom Primary Bedroom Kitchen Eating area Living room | 10.6 x 8.4 null 9.4 x 8.7 null 11.9 x 10.11 null 11 x 10 null 11.6 x 9 null 15.2 x 12.2 null |
Basic Calculator
First Mortgage: $255,920
Mortgage insurance premium: $0
Total Financing: $255,920
Rough closing fee (1.5%): ~ $4,799
Total downpayment with estimated closing fee: $68,779
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,271 | $27,252 |
| Gross rental income (income/principal ratio) | 0.710% | 8.519% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $400 | $4,800 |
| Vacancy | $114 | $1,363 |
| Management Fee | $182 | $2,181 |
| Expense / Income Ratio | 17.61% | 17.61% |
| Cash Flow | $1,576 | $18,912 |
| Net Operating Income (NOI) | $1,576 | $18,912 |
| Capitalization Rate | 0.49% | 5.91% |
