About the property (MLS: 1282145):
Welcome to 31 Hatcher Street! A five bedroom, three bathroom home. This well-maintained property is conveniently located next to both the university and hospital, making it an ideal location for a variety of buyers. The main floor features living and dining areas, kitchen, full bathroom and three bedrooms. The lower level includes a laundry area and second full bathroom. Followed by a rec room, two additional bedrooms and a third full bathroom. This portion of the house has a separate entrance. This layout offers flexibility for use as a single-family home or as an investment property with potential for an in-law suite or separate apartment. Recent upgrades to the home include new front and back doors, some windows, hot water tank, light fixtures and front and rear landscaping. Additionally, the lot allows for rear yard access, there is a detached shed for storage and parking for three vehicles. The shingles on the roof are approximately 7 years old. This property is also being sold fully furnished and turn key with all contents included. (Listing agent has a list of items to share with any potential buyers) No conveyance of any written signed offers prior to Friday 12pm March 7th as per sellers direction. (id:56688)
Property Details
Listing ID: 27972418
Address: 31 Hatcher Street, St. John's, Newfoundland & Labrador, Canada A1B1Z3
Status: Active
Last updated: 12 days ago ( Mar 5, 2025 )
Year Built: 1964
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Mixed Flooring
Living Area Total: 1,900 square feet
Price per sq ft: $211
Tax Annual Amount: $2,804
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 36
Rurl
Coordinates: [47.56545, -52.7457]
Rooms
Lower level | Bedroom Bedroom Recreation room | 14.7 x 12.2 null 12.10 x 11 null 15.9 x 12 null |
Main level | Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room | 10.2 x 8.9 null 10.3 x 9.6 null 10.2 x 10.2 null 10 x 9 null 7.5 x 7.5 null 15 x 14 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,090 | $25,080 |
Gross rental income (income/principal ratio) | 0.523% | 6.272% |
Mortgage | $0 | $0 |
Monthly Expenses | $500 | $6,000 |
Vacancy | $105 | $1,254 |
Management Fee | $168 | $2,007 |
Expense / Income Ratio | 23.92% | 23.92% |
Cash Flow | $1,319 | $15,828 |
Net Operating Income (NOI) | $1,319 | $15,828 |
Capitalization Rate | 0.33% | 3.96% |