About this propertyMLS® 1304146
Downtown living with a backyard of your own, offered at $250,000! Renovated to the studs in 2010, 30 Scott Street combines a cozy, comfortable layout with extensive improvements that went well beyond the finishes. The renovation included work to the footings and foundation, plumbing, electrical, insulation, kitchen, bathroom, roof, windows, flooring and siding. Hardwood floors bring warmth to the main floor, while the modern kitchen adds a fresh, inviting touch. The primary bedroom offers a comfortable place to unwind, and the separate bathroom features tiled floors and walls. Fully electric heat complements the home’s welcoming atmosphere. Outside, enjoy a fully fenced rear yard with a shed and a catio for your feline companion. Whether you’re enjoying a quiet moment outdoors or heading downtown, this home brings together city convenience and outdoor space of your own. For buyers seeking a smaller home with character, comfort and substantial renovations, 30 Scott Street is an inviting opportunity to enjoy downtown living at an accessible price. (id:56688)
Property details
Coordinates: [47.564948, -52.718708]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Other | 4pc 13.9 x 7.7 null 14.2 x 7.9 null 7.11 x 6.2 null |
| Main level | Laundry room Kitchen Other Living room Foyer | 7.11 x 3.2 null 10.0 x 9.9 null 6.11 x 3.1 null 14.1 x 10.3 null 9.2 x 2.8 null |
Basic Calculator
First Mortgage: $200,000
Mortgage insurance premium: $0
Total Financing: $200,000
Rough closing fee (1.5%): ~ $3,750
Total downpayment with estimated closing fee: $53,750
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $840 | $10,080 |
| Gross rental income (income/principal ratio) | 0.336% | 4.032% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $313 | $3,756 |
| Vacancy | $42 | $504 |
| Management Fee | $68 | $807 |
| Expense / Income Ratio | 37.26% | 37.26% |
| Cash Flow | $418 | $5,016 |
| Net Operating Income (NOI) | $418 | $5,016 |
| Capitalization Rate | 0.17% | 2.01% |
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