About this propertyMLS® 1292844
2-apartment property with off street parking in the heart of Central St. John's. Close to Downtown, MUN. The two story apartment has 2+1 bedrooms and the side apartment has one bedroom. A portion of the lot is a small backyard. Ideal for Investor and contractors. (id:56688)
Property details
MLS®1292844
Listing ID29132590
Address34-36 Cook Street, St. John's, Newfoundland & Labrador, Canada A1C4L4
StatusActive
Last updated3 months ago ( Jul 31, 2026 )
Year Built1970
Property TypeSingle Family
Architectural Style2 Level
Structure TypeTwo Apartment House
Ownership TypeFreehold
Beds4
Baths2
1/2 Baths0
HeatingBaseboard heaters, Electric
SewerMunicipal sewage system
FlooringMixed Flooring
Living Area Total1,760 square feet
Price per sq ft: $171Tax Annual Amount$1,143
Tax Year2025
GarageNo
Attached GarageNo
CarportNo
Open ParkingNo
WaterfrontNo
PoolNo
Water SourceMunicipal water
RoofTorch on Roof, Unknown
Foundation DetailsConcrete
HeatingBaseboard heaters, Electric
FlooringMixed Flooring
Exterior FeaturesVinyl siding
Common InterestFreehold
Number of photos available2
RurlCoordinates: [47.564953, -52.718051]
Rooms
| Second level | Bedroom Bedroom Bath (# pieces 1-6) Kitchen Other | 9.1x11.10 null 11.2x11.10 null 3 pc 9.6x13 null 11x11 null |
| Main level | Bedroom Bath (# pieces 1-6) Kitchen Porch Living room Bedroom Living room | 9x11 null 3 pc 9x14 null 8.1x9 null 11.8x13 null 11x7.8 null 13.2x11.1 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,937 | $23,244 |
| Gross rental income (income/principal ratio) | 0.646% | 7.751% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $97 | $1,163 |
| Management Fee | $155 | $1,860 |
| Expense / Income Ratio | 19.36% | 19.36% |
| Cash Flow | $1,311 | $15,732 |
| Net Operating Income (NOI) | $1,311 | $15,732 |
| Capitalization Rate | 0.44% | 5.25% |
Capitalization Rate: 5.25%
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).): $428,429
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