About this propertyMLS® 1304555
Welcome to 55 Main St in Frederickton! Minutes from the ocean, 10 minutes to amenities and just under an hour to Gander. This 3 bed, 1 bath home has plenty of updates and lots to offer! On the main level is a large living room with a newly installed mini split allowing you to keep your home energy efficient! A step up leads you to the dining area with patio doors off of it to a large new deck that's 16x20, the perfect place for entertaining guests in the warmer months! Lots of freshly painted oak cupboards in the kitchen with all the appliances included. Down the hallway you will find the main bathroom, primary bedroom, second and third bedrooms. Upstairs has been freshly painted throughout. The basement consists of laundry area with new flooring and a brand new hot water tank. Doorway leads you to the undeveloped part of the basement allowing you to have a blank canvas for a bedroom, storage area and rec room. Plumbing is completed as well for an extra bathroom and includes new toilet, faucets and a vanity. The basement also has a newly installed mini split and has a separate walkout entrance which could allow you to convert it to an apartment generating additional income! The home sits on a large parcel of land 114ft x 174ft and includes a shed that's perfect for all your storage. Recent upgrades that have been completed in 2025 are two mini splits(upstairs and basement), hot water tank, back deck, shingles and class a driveway. Also, the plumbing is currently being upgraded to pex! Other highlights include vinyl windows & siding installed in 2019, salt water softener system and 200amp service. $200/year for garbage and fire fees. Come check out what this home has to offer! (id:56688)
Specifications
Property details
Room by room
Rooms
| Basement | Storage Laundry room | 12.3 x 19.5 11.3 x 12.4 |
| Main level | Bedroom Primary Bedroom Bath (# pieces 1-6) Bedroom Kitchen Dining room Living room | 9.3 x 12.6 11.8 x 13.4 4.9 x 12 9.3 x 12.4 11.4 x 11.4 9.3 x 11.9 13.8 x 15.4 |
The essentials
Location, air, flood & taxes
Elevation
13 m above sea level
Air quality now
AQHI 2.09 · Low risk
Grand Falls - Windsor station · updated 2:00 a.m.
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Calculators & neighbourhood
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Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-188
NOI / month
$-188
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $188 | $2,256 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-188 | $-2,256 |
| NOI | $-188 | $-2,256 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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