About the property (MLS: 1281632):
Welcome to 19 Mullock Street! Located in the heart of St. John's, a stone's throw from the downtown core, this home presents an abundance of opportunity & potential for any savvy investor, and is in a prime location for an a successful AirBnB with the right amount of TLC. The main floor is comprised of porch, open concept living room and dining room, kitchen, and utility area. The next level includes a bedroom, full bath, and half bath, and the upper level features another bonus room that could be another bedroom, office, or multi purpose area. Being sold "as is", and sitting in one of the most historic areas of St. John's, this home is a gem waiting for the right buyer to unlock its true potential. Arrange your viewing today! (id:56688)
Property Details
Listing ID: 28009213
Address: 19 Mullock Street, St. John's, Newfoundland & Labrador, Canada A1C2R6
Status: Active
Last updated: 5 days ago ( Mar 11, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 2
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 868 square feet
Price per sq ft: $173
Tax Annual Amount: $1,387
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Wood
Common Interest: Freehold
Number of photos available: 12
Rurl
Coordinates: [47.569364, -52.711213]
Rooms
Third level | Bedroom | 11.0x21.1 null |
Second level | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom | 5.10x10.3 null 2.2x3.9 null 11.5x12.9 null |
Main level | Utility room Kitchen Dining room Living room Foyer | 7.11x7.5 null 7.11x11.9 null 11.5x9.10 null 11.5x13.7 null 4.1x4.2 null |
Basic Calculator
First Mortgage: $119,920
Mortgage insurance premium: $0
Total Financing: $119,920
Rough closing fee (1.5%): ~ $2,249
Total downpayment with estimated closing fee: $32,229
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $955 | $11,460 |
Gross rental income (income/principal ratio) | 0.637% | 7.645% |
Mortgage | $0 | $0 |
Monthly Expenses | $188 | $2,256 |
Vacancy | $48 | $573 |
Management Fee | $77 | $917 |
Expense / Income Ratio | 19.69% | 19.69% |
Cash Flow | $643 | $7,716 |
Net Operating Income (NOI) | $643 | $7,716 |
Capitalization Rate | 0.43% | 5.15% |