About this propertyMLS® 1304606
Located on a nice lot on Fowler’s Road in Chamberlains, this 3-bedroom, 1-bathroom home is ready for a full renovation and offers plenty of potential for the right buyer. Whether you’re looking to gut the home and create a space tailored to your own vision or seeking your next investment project, this property is a great opportunity for a contractor, investor, or ambitious buyer looking to add value. Bring your ideas and unlock the potential! Sold as-is where is. (id:56688)
Property details
MLS®1304606
Listing ID30422338
Address104 Fowlers Road, Conception Bay South, Newfoundland & Labrador, Canada A1W4J4
StatusActive
Last updated10 days ago ( Oct 20, 2026 )
Year Built1997
Property TypeSingle Family
Structure TypeHouse
Ownership TypeFreehold
Number of stories1
Number of Levels1
Beds3
Baths1
1/2 Baths0
HeatingBaseboard heaters, Electric
SewerMunicipal sewage system
FlooringMixed Flooring
Living Area Total2,080 square feet
Price per sq ft: $162Tax Annual Amount$2,300
GarageNo
Attached GarageNo
CarportNo
Open ParkingNo
WaterfrontNo
PoolNo
AppliancesRefrigerator, Stove, Microwave
Water SourceMunicipal water
RoofFiberglass, Unknown
Foundation DetailsConcrete
HeatingBaseboard heaters, Electric
FlooringMixed Flooring
Exterior FeaturesVinyl siding
Common InterestFreehold
Number of photos available21
RurlCoordinates: [47.526563, -52.936167]
Rooms
| Main level | Primary Bedroom Bedroom Bedroom Kitchen Living room | 11X13.6 null 11X9 null 10X9 null 11X14 null 12X15 null |
Basic Calculator
First Mortgage: $268,000
Mortgage insurance premium: $0
Total Financing: $268,000
Rough closing fee (1.5%): ~ $5,025
Total downpayment with estimated closing fee: $72,025
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,288 | $27,456 |
| Gross rental income (income/principal ratio) | 0.683% | 8.196% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $419 | $5,028 |
| Vacancy | $115 | $1,373 |
| Management Fee | $184 | $2,197 |
| Expense / Income Ratio | 18.31% | 18.31% |
| Cash Flow | $1,572 | $18,864 |
| Net Operating Income (NOI) | $1,572 | $18,864 |
| Capitalization Rate | 0.47% | 5.63% |
Capitalization Rate: 5.63%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $478,572
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