For sale · MLS® 1304404
39 Kelliview Crescent
Conception Bay South, NL, A1X6X9
List price
$339,000
About this propertyMLS® 1304404
Welcome to 39 Kelliview Crescent, a fantastic 5-bedroom two-apartment home located in the heart of Kelligrews, Conception Bay South. Whether you are a savvy investor or a first-time buyer looking for help offsetting your mortgage, this property offers excellent value, flexibility, and income potential. The main floor features three bedrooms, a spacious living room, a full bathroom, and a convenient laundry room. From the large rear patio, you can relax and enjoy the peaceful setting overlooking the tranquil Kelligrews River — the perfect place to unwind at the end of the day. Downstairs, the bright and spacious two-bedroom apartment offers a large eat-in kitchen, generous living room, well-sized bedrooms, and a functional layout that is ideal for rental income or extended family. Situated on a private 75’ x 100’ lot, this property offers a quiet backyard setting with plenty of space to enjoy — along with a family of ducks that like to visit daily. Conveniently located close to Admiral’s Academy, shopping centres, restaurants, recreation, and many amenities CBS has to offer, this is a great opportunity in a desirable area. A solid home, great location, and mortgage-helping apartment make 39 Kelliview Crescent a property worth viewing. Call today to book your private showing. (id:56688)
Property details
Coordinates: [47.493888, -53.016979]
Rooms
| Basement | Bath (# pieces 1-6) Porch Not known Not known Not known Not known | B4 null 6x6 null 12x11 null 9x8 null 12x12 null 20x9 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Laundry room Eat in kitchen Living room | B4 null 9x9 null 9.6x9 null 11x11 null 5x5 null 15x9.6 null 13x11 null |
Basic Calculator
First Mortgage: $271,200
Mortgage insurance premium: $0
Total Financing: $271,200
Rough closing fee (1.5%): ~ $5,085
Total downpayment with estimated closing fee: $72,885
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,007 | $24,084 |
| Gross rental income (income/principal ratio) | 0.592% | 7.104% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $424 | $5,088 |
| Vacancy | $101 | $1,205 |
| Management Fee | $161 | $1,927 |
| Expense / Income Ratio | 21.13% | 21.13% |
| Cash Flow | $1,323 | $15,876 |
| Net Operating Income (NOI) | $1,323 | $15,876 |
| Capitalization Rate | 0.39% | 4.68% |
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