For sale · MLS® 1304930
33 Albany Street
St. John's, NL, A1E3C6
List price
$389,000
About this propertyMLS® 1304930
Just minutes from the Health Sciences Centre, St. Clare’s Hospital, Memorial University, shopping malls, and downtown St. John’s, this well-maintained home offers the perfect combination of comfort, convenience, and versatility. This inviting bungalow features three bedrooms with potential for a fourth and boasts numerous upgrades, including three mini-split heat pumps, PEX plumbing, a cozy propane fireplace, and roof shingles replaced about 12 years ago. The home also features an in-house garage and an in-law suite, offering flexible living arrangements for extended family. Outside, enjoy a fully fenced, private backyard, newly constructed front and rear patio decks, and parking for three vehicles. Ideally located near major amenities, healthcare facilities, and educational institutions, this move-in-ready property offers exceptional convenience in a sought-after central location. A fantastic opportunity for buyers seeking a beautifully updated home with flexible living space in the heart of St. John’s! This is an Estate Sale and is being sold As Is. Home Inspections will be for purchasers' information purposes only. As per sellers direction there will be no conveyance of any written offers prior to Noon November 4th, Offers to remain open until 5:00 PM on November 4. (id:56688)
Property details
Coordinates: [47.547734, -52.73585]
Rooms
| Basement | Other Other Bath (# pieces 1-6) Laundry room Family room/Fireplace | 10.3 X 30.0 null 12.9 X 8.10 null 6.0 X 7.8 null 7.7 X 7.9 null 19.6 X 17.9 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Living room Dining room Kitchen | 7.3 X 6.5 null 9.8 X 10.2 null 10.11 X 11.9 null 10.10 X 13.0 null 11.10 X 14.4 null 9 X 10.5 null 11.9 X 13.7 null |
Basic Calculator
First Mortgage: $311,200
Mortgage insurance premium: $0
Total Financing: $311,200
Rough closing fee (1.5%): ~ $5,835
Total downpayment with estimated closing fee: $83,635
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,310 | $27,720 |
| Gross rental income (income/principal ratio) | 0.594% | 7.126% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $487 | $5,844 |
| Vacancy | $116 | $1,386 |
| Management Fee | $185 | $2,218 |
| Expense / Income Ratio | 21.08% | 21.08% |
| Cash Flow | $1,523 | $18,276 |
| Net Operating Income (NOI) | $1,523 | $18,276 |
| Capitalization Rate | 0.39% | 4.70% |
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