About the property (MLS: 1287031):
Well-maintained two-apartment home in sought-after Manuels, close to schools, shopping, and all amenities. The spacious main unit features a primary bedroom with an ensuite, 2 additional bedrooms, a main bath, a bright living/dining room combo, main floor laundry, and a rec room in the basement. The above-ground 1-bedroom apartment is filled with natural light and has a private covered entrance—ideal for rental income or extended family. Situated on a large, paved lot with a generous patio deck built in 2018 and a 10x14 shed. With just minor cosmetic updates, this home offers great value as a primary residence or investment opportunity. As per seller directive, all offers to be in by 2pm on June 30, 2025 and left opened until 7pm. (id:56688)
Property Details
Listing ID: 28523018
Address: 13 Access Place, Conception Bay South, Newfoundland & Labrador, Canada A1W4B3
Status: Active
Last updated: 13 days ago ( Jun 29, 2025 )
Year Built: 1992
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Partially fenced
Living Area Total: 2,200 square feet
Price per sq ft: $164
Tax Annual Amount: $2,250
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 37
Rurl
Coordinates: [47.519655, -52.943574]
Rooms
Main level | Kitchen Porch Primary Bedroom Bedroom Laundry room Living room/Dining room | 11x9 null 7x4 null 10x13 null 9.7x11 null 6x10 null 11x22 null |
Basement | Laundry room Bedroom Living room Kitchen Bedroom Recreation room | 5x6 null 10x9 null 11x12 null 10x11 null 9x13 null 11x13 null |
Basic Calculator
First Mortgage: $287,920
Mortgage insurance premium: $0
Total Financing: $287,920
Rough closing fee (1.5%): ~ $5,399
Total downpayment with estimated closing fee: $77,379
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,420 | $29,040 |
Gross rental income (income/principal ratio) | 0.672% | 8.069% |
Mortgage | $0 | $0 |
Monthly Expenses | $450 | $5,400 |
Vacancy | $121 | $1,452 |
Management Fee | $194 | $2,324 |
Expense / Income Ratio | 18.60% | 18.60% |
Cash Flow | $1,656 | $19,872 |
Net Operating Income (NOI) | $1,656 | $19,872 |
Capitalization Rate | 0.46% | 5.52% |