12 Fleming Street
St. Johns, NL, A1C3A2
3 Beds | 2 Baths
$330,000
About the property (MLS: 1286049):
What an opportunity to own a piece of Georgetown. This renovated two-apartment home is bright and spacious for downtown. The main floor has a cute one-bedroom apartment with its own laundry hookup. Both bathrooms in the home are new and have tile surrounds, so there are no worries about maintenance. The two-bedroom apartment is on the second and third floors and has windows facing south, so it is super bright during the day. The new kitchens and bathrooms make it a pleasure to have people over. Do not miss out on this registered two-apartment home. The owner is a licensed realtor with NLAR. (id:56688)
Property Details
Listing ID: 28421839
Address: 12 Fleming Street, St. Johns, Newfoundland & Labrador, Canada A1C3A2
Status: Active
Last updated: 15 days ago ( Jun 5, 2025 )
Year Built: 1929
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 1,575 square feet
Price per sq ft: $210
Tax Annual Amount: $1,723
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.571041, -52.713936]
Rooms
| Third level | Bath (# pieces 1-6) Primary Bedroom Bedroom | B4 null 12.8x11.4 null 8x11 null |
| Second level | Not known Living room | 16x11.9 null 16x10 null |
| Main level | Porch Living room Not known Bedroom Bath (# pieces 1-6) | 5.9x6 null 16x10 null 12.6x5.9 null 9x9 null B4 null |
Basic Calculator
First Mortgage: $264,000
Mortgage insurance premium: $0
Total Financing: $264,000
Rough closing fee (1.5%): ~ $4,950
Total downpayment with estimated closing fee: $70,950
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,733 | $20,796 |
| Gross rental income (income/principal ratio) | 0.525% | 6.302% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $413 | $4,956 |
| Vacancy | $87 | $1,040 |
| Management Fee | $139 | $1,664 |
| Expense / Income Ratio | 23.83% | 23.83% |
| Cash Flow | $1,095 | $13,140 |
| Net Operating Income (NOI) | $1,095 | $13,140 |
| Capitalization Rate | 0.33% | 3.98% |
