178 Merrymeeting Road
St John's, NL, A1C2W5
3 Beds | 1 Bath
$159,900
About the property (MLS: 1284775):
Welcome to this ideally located attached home, just steps from everyday amenities—including a grocery store right across the street and the charming Old Dublin Bakery only a short stroll away. Whether you're seeking a comfortable primary residence or a smart investment, this property’s prime central location puts you minutes from downtown, the university, and the hospital. Inside, you'll find a 3-bedroom, 1-bathroom layout with an open-concept living and dining area centered around a cozy (non-operational) fireplace—great for relaxing or hosting guests. The kitchen features ample cabinet space and opens directly to the backyard, perfect for outdoor enjoyment or entertaining. Convenient upstairs laundry and a crawl space basement offer practical storage solutions. Plus, enjoy easy on-street parking with no permit required. Any home inspection would be for purchasers knowledge only. Don’t miss your chance to own this centrally located gem—schedule your showing today! As per sellers directive there is no conveyance of offers prior to Tuesday, May 13th 5:00pm. Please leave offers open until 9:00pm that same evening. (id:56688)
Property Details
Listing ID: 28287766
Address: 178 Merrymeeting Road, St John's, Newfoundland & Labrador, Canada A1C2W5
Status: Active
Last updated: 10 days ago ( May 10, 2025 )
Year Built: 1925
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
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 1,180 square feet
Price per sq ft: $136
Tax Annual Amount: $1,657
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Dryer
Water Source: Municipal water
Foundation Details: Stone, Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.564013, -52.723812]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom Bedroom | 7'6"" x 6'3"" null 9'10"" x 9'7"" null 11'10"" x 9'10"" null 8'6"" x 11'10"" null |
| Main level | Kitchen Dining room Living room Porch | 11'0"" x 8'6"" null 11'10"" x 9'10"" null 11'10"" x 11'2"" null 5'1"" x 7'5"" null |
Basic Calculator
First Mortgage: $127,920
Mortgage insurance premium: $0
Total Financing: $127,920
Rough closing fee (1.5%): ~ $2,399
Total downpayment with estimated closing fee: $34,379
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,298 | $15,576 |
| Gross rental income (income/principal ratio) | 0.812% | 9.741% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $200 | $2,400 |
| Vacancy | $65 | $779 |
| Management Fee | $104 | $1,247 |
| Expense / Income Ratio | 15.41% | 15.41% |
| Cash Flow | $930 | $11,160 |
| Net Operating Income (NOI) | $930 | $11,160 |
| Capitalization Rate | 0.58% | 6.98% |
