For sale · MLS® 1304478
23 Mullock Street
St. John's, NL, A1C2R6
List price
$199,900
About this propertyMLS® 1304478
Discover the charm of this delightful starter home nestled in the heart of sought-after Georgestown! Full of character and featuring a unique, versatile layout, this inviting property offers an excellent opportunity for first-time buyers or anyone looking to make a home their own. The main floor features a bright and welcoming kitchen with charming character cabinetry and the living room, complete with a cozy woodstove — perfect for those chilly Newfoundland evenings and offers easy access to a fantastic back deck, ideal for summer entertaining, relaxing with friends, or enjoying a quiet evening outdoors. On the second level, you’ll find two bedrooms and a four-piece bathroom. The layout also offers flexibility for those seeking additional space, as a wall on this level could easily be removed to create a more open, spacious feel. Continue up the staircase to the top floor, where a spectacular loft and bedroom awaits with 2-piece ensuite, ideal for a primary suite. The location is just as appealing as the home itself! Within walking distance of downtown shopping, coffee shops, grocery stores, schools, and Churchill Square, you’ll enjoy the convenience of having so many amenities right at your doorstep. And, of course, you’re only steps away from the much-loved treats at Georgestown Bakery! With its charming character, flexible layout, fantastic walkable location, and off street parking available at the rear, this Georgestown gem is full of potential and ready for its next chapter. Don’t miss your opportunity to make it your own — book your viewing today! No conveyance of offers until Wednesday, October 28 @ 4:00pm and left open for acceptance until 9:00pm the same day. (id:56688)
Property details
Coordinates: [47.569448, -52.711225]
Rooms
| Third level | Family room Primary Bedroom | 14.6 x 13.11 null 14.6 x 9.1 null |
| Second level | Bedroom Bedroom Bath (# pieces 1-6) | 9.2 x 7.3 null 14.4 x 7.8 null 4 Piece null |
| Main level | Living room Laundry room Kitchen | 14.4 x 8.9 null 6.6 x 2.6 null 13.11 x 10.8 null |
Basic Calculator
First Mortgage: $159,920
Mortgage insurance premium: $0
Total Financing: $159,920
Rough closing fee (1.5%): ~ $2,999
Total downpayment with estimated closing fee: $42,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,082 | $12,984 |
| Gross rental income (income/principal ratio) | 0.541% | 6.495% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $250 | $3,000 |
| Vacancy | $55 | $650 |
| Management Fee | $87 | $1,039 |
| Expense / Income Ratio | 23.11% | 23.11% |
| Cash Flow | $692 | $8,304 |
| Net Operating Income (NOI) | $692 | $8,304 |
| Capitalization Rate | 0.35% | 4.15% |
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