50 Fagans Road photo 11 / 26

MLS #1295136

50 Fagans Road

Conception Bay South

$479,900

6 Beds
3 Baths
2,000 sqft
Two-Apartment Home
Source Listing

Property Details

Two apartment home with in-law suite in the heart of Conception Bay South. Great opportunity for those seeking a property with income potential. The main level features front and back entrances, an oak eat-in kitchen with center island, main floor laundry, full bathroom, mini split, and three bedrooms. This main unit is currently being rented on a month to month basis. The property also includes a registered 2-bedroom above-ground apartment with electric baseboard heat, full bathroom, laundry room, and currently rented on a one-year lease. The in-law suite offers a private rear entrance featuring a galley kitchen, living space, bedroom, and 3 piece bathroom, currently rented on a month to month basis. Also included is a 30x34 fully insulated garage, fully wired, electric heat, and a 3 piece bathroom. This property is approximately 20 years old with vinyl siding and windows. Being sold as is. Any home inspection is for informational purposes only. There is a 30 day notice required for vacant possession of the main floor unit and in-law suite. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$479,900
Down Payment - 5%$23,995
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$3,572

Mortgage Payment
$2,732
Property Tax
$340
Insurance
$150
Utilities
$350
Down Payment
$23,995
Loan Amount
$455,905
Total Interest
$363,695

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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