About the property (MLS: 1286273):
Welcome to 48 Gilbert St, situated just minutes from downtown this inviting property has seen a range of recent updates in 2021 including new siding, new front and back doors, a brand-new fully remodeled bathroom, fresh paint, and a new stove. Several windows have also been replaced. Featuring three bedrooms and one bathroom, this home also offers valuable storage space downstairs with access from the street. There is a private fenced backyard with back patio. Off-street permit parking provides convenient and easy access to your vehicle, and the nearby highway ensures seamless travel to wherever you need to go. Don't miss this fantastic opportunity to own a charming home. (id:56688)
Property Details
Listing ID: 28449471
Address: 48 Gilbert Street, St. John's, Newfoundland & Labrador, Canada A1C1X5
Status: Active
Last updated: 7 days ago ( Jul 3, 2025 )
Year Built: 1950
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Carpeted, Other
Living Area Total: 1,260 square feet
Price per sq ft: $147
Tax Annual Amount: $1,013
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: Concrete
Heating: Baseboard heaters, Electric
Flooring: Carpeted, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.557242, -52.717047]
Rooms
Basement | Storage | 22x14 null |
Second level | Bedroom Primary Bedroom Bedroom | 11x7.5 null 11x8 null 11x7.5 null |
Main level | Kitchen Dining nook Living room | 12x8 null 11x7.5 null 12x12 null |
Basic Calculator
First Mortgage: $147,920
Mortgage insurance premium: $0
Total Financing: $147,920
Rough closing fee (1.5%): ~ $2,774
Total downpayment with estimated closing fee: $39,754
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,386 | $16,632 |
Gross rental income (income/principal ratio) | 0.750% | 8.995% |
Mortgage | $0 | $0 |
Monthly Expenses | $232 | $2,784 |
Vacancy | $70 | $832 |
Management Fee | $111 | $1,331 |
Expense / Income Ratio | 16.74% | 16.74% |
Cash Flow | $974 | $11,688 |
Net Operating Income (NOI) | $974 | $11,688 |
Capitalization Rate | 0.53% | 6.32% |