For sale · MLS® 1304017
133 Patrick Street
ST JOHNS, NL, A1E2S9
List price
$345,000
About this propertyMLS® 1304017
Located just a short stroll to the heart of downtown , this Victorian home combines timeless charm with modern comforts . A private driveway welcomes you to the property offering ease and privacy , while the elevated setting provides city views . This home has been extensively upgraded by the current owner who has invested in excess of $60 k in renovations . Upgrades include the addition of a mini split heat pump , newly renovated bathrooms , a new main Roof in 2020 ,a new driveway , kitchen renovation with new stainless steel appliances in 2023, a new patio deck in 2024 , paint and wall paper throughout and installation of a bar and stools in 2026 . The owner created a relaxing retreat in the back yard with seating, layered perennial gardens, lighting, paved stones and a side patio with a bar area . The home is developed on 3 levels. The main floor has a beautiful living room with origional fireplace (non functional) a bar area opening into the kitchen for entertaining and dining . Large kitchen with stainless appliances and a pantry , main floor laundry room for ease and convenience . The upper floor consists of two queen size bedrooms, a full bathroom with custom floating shelves and custom wall paper , the top floor primary suite has the WOW factor with many custom features including dedicated areas for reading , a king size bed, special lighting , a full ensuite with sliding barn door , soaker tub with shower , creating a unique and relaxing oasis . known as "" Paddys Snug"" the property is a five star Airbnb that receives rave reviews . For buyers interested in continuing its use as a short term rental the property is being sold fully furnished! This is your opportunity to own and operate a successful Airbnb or enjoy living in an historic property within walkng distance to downtown . Contact an agent to view this beautiful downtown property! (id:56688)
Property details
Coordinates: [47.555249, -52.718962]
Rooms
| Third level | Bath (# pieces 1-6) Primary Bedroom | 5x7 null 26x16 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom | 5x7 null 9x12 null 14x9 null |
| Main level | Laundry room Foyer Porch Living room/Dining room Kitchen | 5x7 null 5x10 null 5x6 null 12x13 null 13.6x12 null |
Basic Calculator
First Mortgage: $276,000
Mortgage insurance premium: $0
Total Financing: $276,000
Rough closing fee (1.5%): ~ $5,175
Total downpayment with estimated closing fee: $74,175
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,607 | $19,284 |
| Gross rental income (income/principal ratio) | 0.466% | 5.590% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $432 | $5,184 |
| Vacancy | $81 | $965 |
| Management Fee | $129 | $1,543 |
| Expense / Income Ratio | 26.88% | 26.88% |
| Cash Flow | $967 | $11,604 |
| Net Operating Income (NOI) | $967 | $11,604 |
| Capitalization Rate | 0.28% | 3.36% |
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