7 Agustus Avenue
Conception Bay South, NL, A1X4B3
5 Beds | 4 Baths
$450,000
About the property (MLS: 1282162):
BEAUTIFUL REGISTERED TWO APARTMENT BUNGALOW ON LANDSCAPED LOT WITH PAVED REAR ACCESS TO LARGE 16 X 20 STORAGE SHED. MAIN FLOOR IS OPEN CONCEPT WITH AMPLE CABINETS/ISLAND, HARDWOOD/CERAMIC FLOORING THROUGHOUT, UPGRADED TRIM WITH CROWN MOLDINGS AND DOOR HEADERS, LARGE WINDOWS FOR AMPLE SUNLIGHT AND PATIO LEADING TO NEW REAR DECK, TWO MINI SPLITS AND ELECTRIC HEAT FOR EACH APARTMENT. MAIN LEVEL HAS A REC ROOM AND LAUNDRY/2 PCE BATH IN BASEMENT. BASEMENT APARTMENT HAS WALK OUT ENTRANCE, NICE CONCEPT LAYOUT WITH ABOVE GROUND WINDOWS. IDEAL PROPERTY FOR FIRST TIME BUYER OR FOR INVESTMENT PROPERTY ONLY 12 YEARS OLD IN NICE NEIGHBOURHOOD CLOSE TO SCHOOLS, SHOPPING AND PEACEKEEPERS HIGHWAY! PLEASE NOTE AS PER VENDORS INSTRUCTIONS ALL OFFERS WILL BE RECEIVED BY 5:00 P.M. SATURDAY, MARCH 8TH ANDLEFT OPEN UNTIL 10 PM SATURDAY, MARCH 8TH. (id:56688)
Property Details
Listing ID: 27971322
Address: 7 Agustus Avenue, Conception Bay South, Newfoundland & Labrador, Canada A1X4B3
Status: Active
Last updated: 13 days ago ( Mar 3, 2025 )
Year Built: 2013
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile
Living Area Total: 2,082 square feet
Price per sq ft: $217
Tax Annual Amount: $3,500
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: Hardwood, Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 40
Rurl
Coordinates: [47.478608, -53.048633]
Rooms
| Basement | Bath (# pieces 1-6) Laundry room Mud room Bedroom Living room Kitchen Recreation room | 4.11 x 9.1 null 3.4 x 10.7 null 8.6 x 9 null 8.8 x 12.6 null 10.7 x 18.9 null 10.3 x 9.1 null 11.3 x 13.3 null |
| Main level | Ensuite Family room Eating area Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Living room | 7.8 x 4.9 null 3.10 x 6 null 9.1 x 13.1 null 5.5 x 7.4 null 8.10 x 10.7 null 8.11 x 11.7 null 11.5 x 12.8 null 8.4 x 13.1 null 15.3 x 15.8 null |
Basic Calculator
First Mortgage: $360,000
Mortgage insurance premium: $0
Total Financing: $360,000
Rough closing fee (1.5%): ~ $6,750
Total downpayment with estimated closing fee: $96,750
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,291 | $27,492 |
| Gross rental income (income/principal ratio) | 0.509% | 6.109% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $563 | $6,756 |
| Vacancy | $115 | $1,375 |
| Management Fee | $184 | $2,200 |
| Expense / Income Ratio | 24.57% | 24.57% |
| Cash Flow | $1,431 | $17,172 |
| Net Operating Income (NOI) | $1,431 | $17,172 |
| Capitalization Rate | 0.32% | 3.82% |
