For sale · MLS® 1304381
52 The Boulevard
St. John's, NL, A1A1J9
List price
$385,000
About this propertyMLS® 1304381
Welcome to this beautiful, well-maintained two-apartment home ideally situated in a sought-after east-end neighbourhood, just minutes from Quidi Vidi Lake, downtown St. John’s, and an abundance of scenic walking trails. The bright and inviting main level offers a comfortable living room, well-appointed eat-in kitchen, and convenient laundry area. Upstairs, you will find two spacious bedrooms along with a full four-piece main bathroom. The lower-level apartment provides excellent flexibility for extended family, guests, or rental income and features a comfortable living room, kitchen, spacious bedroom, full bathroom, and separate laundry. Outside, the property offers a private backyard complete with a large patio, perfect for outdoor entertaining and relaxing, as well as a convenient storage shed. Offering a functional layout, excellent location, and the added versatility of a two-apartment configuration, this property is an excellent opportunity in one of the city's most desirable east-end locations. The Sellers have had sections of exterior trim repaired/replaced, repaired a leaking window, replaced a toilet and are having the main roof's covering replaced. (id:56688)
Property details
Coordinates: [47.578859, -52.700703]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Porch | 4pc 4.0 x 10.0 null 12.9 x 9.2 null 11.4 x 20.2 null 7.4 x 5.7 null |
| Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom | 4pc 13.0 x 9.10 null 13.10 x 13.1 null |
| Main level | Laundry room Eat in kitchen Living room/Fireplace | 6.0 x 4.2 null 12.0 x 13.9 null 14.2 x 13.9 null |
Basic Calculator
First Mortgage: $308,000
Mortgage insurance premium: $0
Total Financing: $308,000
Rough closing fee (1.5%): ~ $5,775
Total downpayment with estimated closing fee: $82,775
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,060 | $24,720 |
| Gross rental income (income/principal ratio) | 0.535% | 6.421% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $482 | $5,784 |
| Vacancy | $103 | $1,236 |
| Management Fee | $165 | $1,978 |
| Expense / Income Ratio | 23.40% | 23.40% |
| Cash Flow | $1,311 | $15,732 |
| Net Operating Income (NOI) | $1,311 | $15,732 |
| Capitalization Rate | 0.34% | 4.09% |
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