42 Burgeo Street
St. John's, NL, A1E5H7
4 Beds | 2 Baths
$349,900
About the property (MLS: 1291348):
Welcome to this well kept registered 2 apt in a sought after West End location. A Nice functional layout. Windows, flooring, siding in past 5 or 6 years. 2 water boilers in last couple of years. All appliances included. The one bedroom apt shows really well. A nice family home or a great investment property. (id:56688)
Property Details
MLS: 1291348
Listing ID: 28965883
Address: 42 Burgeo Street, St. John's, Newfoundland & Labrador, Canada A1E5H7
Status: Active
Last updated: a month ago ( Oct 16, 2025 )
Year Built: 1975
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,232 square feet
Price per sq ft: $157
Tax Annual Amount: $2,205
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Laminate
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 18
Rurl
Coordinates: [47.528292, -52.77222]
Listing ID: 28965883
Address: 42 Burgeo Street, St. John's, Newfoundland & Labrador, Canada A1E5H7
Status: Active
Last updated: a month ago ( Oct 16, 2025 )
Year Built: 1975
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,232 square feet
Price per sq ft: $157
Tax Annual Amount: $2,205
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Laminate
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 18
Rurl
Coordinates: [47.528292, -52.77222]
Rooms
| Basement | Kitchen Living room Bedroom Porch Recreation room | 10X8.5 null 12.5X12 null 12X10.5 null 8X3 null 12X14 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Dining room Living room Kitchen | 4 PC null 8X10 null 12X10.5 null 12X11 null 18X12 null 14X12.5 null 12X12 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,456 | $29,472 |
| Gross rental income (income/principal ratio) | 0.702% | 8.423% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $123 | $1,474 |
| Management Fee | $197 | $2,358 |
| Expense / Income Ratio | 17.83% | 17.83% |
| Cash Flow | $1,699 | $20,388 |
| Net Operating Income (NOI) | $1,699 | $20,388 |
| Capitalization Rate | 0.49% | 5.83% |
Capitalization Rate: 5.83%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $499,858
