For sale · MLS® 1303912
84 Lemarchant Street
Carbonear, NL, A1Y1A6
List price
$297,500
About this propertyMLS® 1303912
Welcome to this well maintained , two apartment home in the heart of Carbonear on quiet LeMarchant Street. This home has been renovated over the past months , fresh paint, new metal roof, new electrical upgrades in the downstairs apartment , new consistent flooring through out. A garden shed for for extra storage, beautiful mature trees and flowering shrubs greet you front and back. This home highlights an upstairs apartment with 3 bedrooms, 1 bath with a new tub, large kitchen with French doors leading to a back deck, dining room and large living room, great for a family needing lots of space. Convenient mudroom, storage and laundry downstairs plus a separate entrance off the driveway. A lower, newly renovated apartment with all new electrical, consisting of 3 bedrooms, 1 bath, kitchen, pantry, coat closet, large storage closet, private laundry, own driveway and entrance ,providing an investment income . It's a prime location, a friendly residential neighborhood, just a few steps from Water Street Carbonear. In close proximity to walking trails, shopping center, Carbonear General Hospital, schools , other amenities and so much more. Lemarchant Street puts you minutes from everything you need, but still gives you that peaceful, community feel at home. Move in ready and full of potential. Whether you want to live in one and rent the other, house family, or invest-this Carbonear property checks all the boxes. (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Bath (# pieces 1-6) Kitchen Living room Bedroom Bedroom Bedroom | 3 piece 13.2 x 9 16.7 x 13.4 12.7 x 9.9 10 x 8.4 10 x 21.8 |
| Main level | Living room Dining room Kitchen Bath (# pieces 1-6) Bedroom Bedroom Bedroom Porch | 15.5 x 17 8.5 x 12.4 9.10x 16 3 piece 8.8 x 9.5 9.7 x 11.10 10.3 x 14 5 x 6.3 |
The essentials
Location, air, flood & taxes
Elevation
55 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$1,084 / year
≈ $90 / month
Nearby & drive routes
7 places shown · 3 routes · OpenStreetMap · OSRM
- 86 min to downtown St. John's110.5 km
- 85 min to Memorial University109.3 km
- 91 min to Avalon Mall116 km
Schools 2
Groceries 1
Cafés 2
Parks 2
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
$91/mo
Principal & interest $0 + property tax $91 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-371
NOI / month
$-371
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $91 | $1,084 |
| Expenses | $281 | $3,372 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-371 | $-4,452 |
| NOI | $-371 | $-4,452 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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