For sale · MLS® 1304945
234 Hamilton Avenue
st.John's, NL, A1E1J7
List price
$329,900
About this propertyMLS® 1304945
Well here's an opportunity knocks new listing that has officially hit the market. A fabulous two story duplex two apartment home located in center city! 234 A Hamilton Ave features a large porch entrance, half bath on main with an open concept main floor plan with natural light, white kitchen cabinetry, laundry on main, and a really fabulous living room/dining room area that will be greatly appreciated for get togethers for family and friends. The second floor features a primary and secondary bedroom, and full bathroom. Renovations on 234A have included a new shower/tub insert and taps, replaced cast iron sewer line with ABS, painted throughout, pex plumbing, new hot water boiler in 2026, washer and dryer, kitchen cabinets painted white, and new exhaust fan for half bath on main. 234 B Hamilton Ave on the back of the property, has a large entrance porch, white cabinetry kitchen with pantry and a cozy and inviting dining nook and living room with main floor laundry. The second floor has the primary with walk in closet and secondary bedroom, a full bathroom and access to a second floor patio to enjoy a nice cup of coffee in the morning. Renovations for 234B include updated kitchen flooring, new cabinetry doors installed in kitchen and painted white, hot water boiler in 2026, light fixture, and has been painted throughout. Exterior renovations over the property include new vinyl siding, peaked roof and new torch on constructed over the front of the building (shingled). The property sits on an extra large lot with opportunities including that dream garage. Parking is easy with a 4-5 paved parking spots in the back of the property. So whether you are an investor or a first time home buyer or someone looking to downsize, be sure to view this one as it is not going to last long! Sellers directive in place from Thursday, Oct. 29th, and no conveyance of offers before 4pm Tuesday November 3rd, with offers being handled by 9pm same day. (id:56688)
Property details
Coordinates: [47.551133, -52.724462]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom Bath (# pieces 1-6) Bedroom Primary Bedroom | 12.4x4.9 null 12.4x10.10 null 13.4x11.0 null 7.1x10.4 null 11.11xx10 null 11.11x12.0 null |
| Main level | Laundry room Living room Dining room Kitchen Porch Laundry room Living room Dining room Kitchen Bath (# pieces 1-6) Porch | 12.8x17.4 null 6.4x8.9 null 13.3x10.4 null 5.9x7.1 null 5.7x7.5 null 19.1x7.7 null 19.1x8.6 null 16.6x7.11 null 4.9x4.8 null 5.8x8.1 null |
Basic Calculator
First Mortgage: $263,920
Mortgage insurance premium: $0
Total Financing: $263,920
Rough closing fee (1.5%): ~ $4,949
Total downpayment with estimated closing fee: $70,929
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,288 | $27,456 |
| Gross rental income (income/principal ratio) | 0.694% | 8.323% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $413 | $4,956 |
| Vacancy | $115 | $1,373 |
| Management Fee | $184 | $2,197 |
| Expense / Income Ratio | 18.05% | 18.05% |
| Cash Flow | $1,578 | $18,936 |
| Net Operating Income (NOI) | $1,578 | $18,936 |
| Capitalization Rate | 0.48% | 5.74% |
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