About this propertyMLS® 1304323
Well-maintained and tastefully updated two-storey property located on a quiet side street in downtown St. John's. This 3-bed, 1-bath single-family home is deceivingly spacious and impeccably well-kept, making it truly move-in ready for a variety of buyers and investors. The main floor features a large front living room, an oversized formal dining room, an updated contemporary kitchen with access to the rear yard, and main floor laundry. The second level has 3 spacious bedrooms and an incredible remodeled 4-piece bathroom. The basement is all concrete, dry and ideal for all kinds of storage. There is all baseboard electric heat throughout, 200 amp electrical panel, all PEX plumbing, HRV system, new hot water tank (2026), new roof coverings (2024 & 2025), a newly completed front deck just completed and freshly touched up throughout. The backyard has privacy, a small deck, sitting area and ample space for raised flower and veggie gardens. Located within walking distance to all of downtown St. John's amenities, near bus routes, parks, St. Clare's Hospital, and West End amenities, this property is ideal for first-time homebuyers as well as investors seeking short- and long-term rentals. No Seller's Direction. (id:56688)
Property details
Coordinates: [47.557396, -52.717682]
Rooms
| Second level | Bedroom Bedroom Primary Bedroom Bath (# pieces 1-6) | 14.1x8.4 null 12.1x8.4 null 11.8x10.3 null 4pc |
| Main level | Living room Dining room Kitchen | 22.9x12.3 null 15.2x9 null 16.8x7.10 null |
Basic Calculator
First Mortgage: $215,920
Mortgage insurance premium: $0
Total Financing: $215,920
Rough closing fee (1.5%): ~ $4,049
Total downpayment with estimated closing fee: $58,029
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,338 | $28,056 |
| Gross rental income (income/principal ratio) | 0.866% | 10.395% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $338 | $4,056 |
| Vacancy | $117 | $1,403 |
| Management Fee | $188 | $2,245 |
| Expense / Income Ratio | 14.46% | 14.46% |
| Cash Flow | $1,697 | $20,364 |
| Net Operating Income (NOI) | $1,697 | $20,364 |
| Capitalization Rate | 0.63% | 7.55% |
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