For sale · MLS® 1303946
9 Boggan Street
St. John's, NL, A1C4B2
List price
$285,000
About this propertyMLS® 1303946
Extensively updated by its current owners, this three-storey attached townhouse puts you right in the heart of downtown St. John’s while being tucked away on a calm side street with quiet neighbours. The location is hard to beat: Duckworth Street is just 50 metres away, Water Street and the pedestrian mall approximately 110 metres, and only 235 metres to the waterfront. Restaurants, shops, galleries, live music, entertainment, and downtown events are all within an easy walk. Inside, the home features three bedrooms, one full and one half bath. The main floor offers an open layout leading to a small enclosed outdoor space with a fold-out table and bench. The second floor includes the half bath plus two bedrooms and a convenient laundry closet, as well as rooftop access. The third floor features a large master bedroom and full bath. Since purchasing the property in 2018, the owners have completed extensive improvements including new windows, siding and exterior doors; new flooring and updated fixtures; kitchen appliances, sink and countertop; bathroom vanity and toilet; a new roof over the kitchen addition; and a new fire-resistant exterior wall off the kitchen. The main staircase has also been upgraded with custom ironwork, new iron spindles and oak treads. The water main has been replaced and the interior freshly repainted. Notably, the original crawl space was replaced with a full slab-on-grade foundation - a substantial structural upgrade for a downtown home of this era. A former second-level patio above the kitchen was removed when the roof was replaced, leaving potential to recreate an additional outdoor space. On-street parking permits and a visitor permit are available. Though vacant since recent upgrades, the property has a proven rental history. This turnkey downtown property is equally well suited to investors seeking potential positive cash flow or buyers wanting a move-in-ready home steps from everything downtown has to offer. (id:56688)
Property details
Coordinates: [47.563098, -52.71015]
Rooms
| Third level | Bath (# pieces 1-6) Primary Bedroom | 7'11"" x 6'8"" null 19'5"" x 9'6"" null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom | 2'10"" x 4'8"" null 8'2"" x 9'6"" null 9'2"" x 9'6"" null |
| Main level | Kitchen Living room Dining room | 9'11"" x 10'2"" null 9'10"" x 14'4"" null 9'3"" x 14'4"" null |
Basic Calculator
First Mortgage: $228,000
Mortgage insurance premium: $0
Total Financing: $228,000
Rough closing fee (1.5%): ~ $4,275
Total downpayment with estimated closing fee: $61,275
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,220 | $14,640 |
| Gross rental income (income/principal ratio) | 0.428% | 5.137% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $357 | $4,284 |
| Vacancy | $61 | $732 |
| Management Fee | $98 | $1,172 |
| Expense / Income Ratio | 29.26% | 29.26% |
| Cash Flow | $705 | $8,460 |
| Net Operating Income (NOI) | $705 | $8,460 |
| Capitalization Rate | 0.25% | 2.97% |
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.