For sale · MLS® 1301539
2 Tourout’s Lane
Piccadilly, NL, A0N1T0
List price
$169,000
About this propertyMLS® 1301539
This Three bedroom, One bath home is a short distance walk to the Piccadilly High School. Sitting on a large level lot, there is lots of room to build a garage, grow some veggies, or for your kids to have a pool, trampoline and more. This home has electric baseboard heat and a wood burning stove in the living room which is only five years old and had new pipes installed last year. The laundry room is near the back porch, so you can put up a clothes line if you wish. There is an old shed on the property, where the current tenant stores wood for the winter. The Primary Bedroom is on the main floor, whereas the other two bedrooms are upstairs. There is a storage room upstairs that could easily be turned in to another bathroom. The front door was replaced in 2024 and the roof and septic system is not that old. There is a shared well, but there is lots of water for everyone. If this is something that you may be interested in then you should call today for your personal viewing. The tenant is flexible so closing may be sooner than 90 days. (id:56688)
Specifications
Property details
Room by room
Rooms
| Second level | Storage Bedroom Bedroom | 6.58 x 6.42 13.11 x 13.64 13.13 x 13.59 |
| Main level | Porch Laundry room Primary Bedroom Bath (# pieces 1-6) Kitchen Dining room Living room Foyer | 3.77 x 8.49 7.13 x 8.46 10.09 x 13.12 5.42 x 10.23 10.37 x11.43 9.58 x 11.42 16.13 x 16.13 8.24 x 9.56 |
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$400 / year
≈ $33 / month
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$34/mo
Principal & interest $0 + property tax $34 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-211
NOI / month
$-211
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $34 | $400 |
| Expenses | $178 | $2,136 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-211 | $-2,532 |
| NOI | $-211 | $-2,532 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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