5 Long Street
St. John's, NL, A1C4B1
2 Beds | 1 Bath
$239,000
About the property (MLS: 1281593):
Located on an offshoot of Longs Hill, this quintessential St. John's row house is ideally located for anyone looking to live in the heart of downtown. Having had many upgrades in recent years including windows, siding and kitchen but still retaining much of its character and charm, this well maintained property has broad appeal and huge potential for first time buyers or investors being an ideal size and location for long term rental or Air BnB. Avoid the headache and expense of oil heat with all electric baseboard heating and enjoy the bonus of a backyard patio and garden area; a rarity downtown. Available for immediate possession and move-in ready, this unique property could be the home you've been waiting for. (id:56688)
Property Details
Listing ID: 27891092
Address: 5 Long Street, St. John's, Newfoundland & Labrador, Canada A1C4B1
Status: Active
Last updated: 2 months ago ( Feb 7, 2025 )
Year Built: 1920
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Living Area Total: 1,425 square feet
Price per sq ft: $168
Tax Annual Amount: $1,108
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, Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.564624, -52.711178]
Rooms
| Second level | Bath (# pieces 1-6) Primary Bedroom Bedroom | 3pc 13.5x10.5 null 11.5x10 null |
| Basement | Kitchen | 16x10 null |
| Main level | Dining room Living room | 10.5x10 null 12x12 null |
Basic Calculator
First Mortgage: $191,200
Mortgage insurance premium: $0
Total Financing: $191,200
Rough closing fee (1.5%): ~ $3,585
Total downpayment with estimated closing fee: $51,385
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,568 | $18,816 |
| Gross rental income (income/principal ratio) | 0.656% | 7.873% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $299 | $3,588 |
| Vacancy | $79 | $941 |
| Management Fee | $126 | $1,506 |
| Expense / Income Ratio | 19.07% | 19.07% |
| Cash Flow | $1,066 | $12,792 |
| Net Operating Income (NOI) | $1,066 | $12,792 |
| Capitalization Rate | 0.45% | 5.35% |
