17 McFarlane Street
St. John's, NL, A1C4T5
3 Beds | 1 Bath
$185,000
About the property (MLS: 1284534):
Lovely, thoroughly renovated downtown gem. This cozy semi-detached home is a great blend of original character and stylish updates. New kitchen island with gorgeous butcher block top. New WETT certified Jotul woodstove. New lighting. Newly reinforced beam on main. New high efficiency Samsung washer and dryer. Beautiful original plank flooring, large private sundeck, upgraded electrical and plumbing. Located close to downtown amenities, cafes, and local shops, this property promises a convenient lifestyle with endless possibilities. Whether you're looking to settle into your first home or seeking a smart investment opportunity, this home has great potential. As per Seller's Direction Regarding Offers, there will be no conveyance of any written signed offers prior to 11am Wednesday May 7th, 2025 and please leave all offers open until 5pm Wednesday May 7th, 2025. (id:56688)
Property Details
Listing ID: 28261419
Address: 17 McFarlane Street, St. John's, Newfoundland & Labrador, Canada A1C4T5
Status: Active
Last updated: 8 days ago ( May 5, 2025 )
Year Built: 1920
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Wood
Sewer: Municipal sewage system
Flooring: Other, Ceramic Tile
Living Area Total: 1,020 square feet
Price per sq ft: $182
Tax Annual Amount: $1,161
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric, Wood
Flooring: Other, Ceramic Tile
Fireplace Features: Wood, Woodstove
Exterior Features: Wood, Other
Common Interest: Freehold
Number of photos available: 28
Rurl
Coordinates: [47.559357, -52.715922]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 6'6 x 5'8 null 6'11 x 6'8 null 9'11 x 9'5 null 11 x 9'11 null |
| Main level | Laundry room Kitchen Living room | 6'7 x 6 null 11 x 6'10 null 16'10 x 12'10 null |
Basic Calculator
First Mortgage: $148,000
Mortgage insurance premium: $0
Total Financing: $148,000
Rough closing fee (1.5%): ~ $2,775
Total downpayment with estimated closing fee: $39,775
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,122 | $13,464 |
| Gross rental income (income/principal ratio) | 0.606% | 7.278% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $232 | $2,784 |
| Vacancy | $57 | $674 |
| Management Fee | $90 | $1,078 |
| Expense / Income Ratio | 20.68% | 20.68% |
| Cash Flow | $745 | $8,940 |
| Net Operating Income (NOI) | $745 | $8,940 |
| Capitalization Rate | 0.40% | 4.83% |
