About the property (MLS: 1284397):
Attention Investors - Welcome to 33 Wicklow Street. Currently rented by room, taking in $4150/month, this house is ideally located in a highly sought-after neighbourhood—walking distance from Memorial University, the Health Sciences Centre, Avalon Mall, schools, and bus routes. There have been number of upgrades over the last year including an upgraded heating system from oil to a 200amp & electric furnace (inspected and approved by the city), a mini split on the main floor, an upgraded sewer line with 50 year warranty, and more. Finished mostly in hardwood, the main level features an oversized living area filled with natural light, and an adjoining kitchen and dining area. Upstairs you’ll find three bedrooms and a modern full bathroom. As you head downstairs there’s a rec room, laundry area, and full bathroom. In the basement you’ll find an additional bedroom, an office, and a kitchenette. This is an excellent opportunity for investors or homeowners looking to offset their mortgage - Don't miss out! This house is being sold 'as is', any inspection will be for the purchaser(s) informational purposes only. (id:56688)
Property Details
Listing ID: 28241791
Address: 33 Wicklow Street, St. John's, Newfoundland & Labrador, Canada A1B3H4
Status: Active
Last updated: 14 days ago ( May 6, 2025 )
Year Built: 1959
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Living Area Total: 2,102 square feet
Price per sq ft: $162
Tax Annual Amount: $1,948
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.568566, -52.748525]
Rooms
Basement | Bedroom Office | 18.6 x 11.11 null 9.2 x 7.4 null |
Lower level | Bath (# pieces 1-6) Recreation room | 9.2 x 4.11 null 18.8 x 15.1 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom | 11.8 x 4.11 null 15.10 x 10.6 null 12.0 x 10.8 null 10.2 x 11.9 null |
Main level | Kitchen Living room/Fireplace | 13.7 x 15.11 null 23.1 x 13.9 null |
Basic Calculator
First Mortgage: $271,920
Mortgage insurance premium: $0
Total Financing: $271,920
Rough closing fee (1.5%): ~ $5,099
Total downpayment with estimated closing fee: $73,079
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,313 | $27,756 |
Gross rental income (income/principal ratio) | 0.680% | 8.166% |
Mortgage | $0 | $0 |
Monthly Expenses | $425 | $5,100 |
Vacancy | $116 | $1,388 |
Management Fee | $186 | $2,221 |
Expense / Income Ratio | 18.37% | 18.37% |
Cash Flow | $1,588 | $19,056 |
Net Operating Income (NOI) | $1,588 | $19,056 |
Capitalization Rate | 0.47% | 5.61% |