144 Merrymeeting Road photo 11 / 15

MLS #1297925

144 Merrymeeting Road

St. John's

$179,900

3 Beds
1 Bath
1,250 sqft
Single Family
Source Listing

Property Details

Great Opportunity! Charming two-story home located on desirable Merrymeeting Road in the heart of St. John's. This well-maintained property features three comfortable bedrooms and one full bathroom, offering an excellent opportunity for first-time buyers, investors, or those looking to add to their portfolio. Currently rented for $1,600 POU, with tenants scheduled to vacate at the end of June, this home provides flexibility for both owner occupancy or future rental income. Several recent upgrades add value and peace of mind, including a new mini-split heat pump for efficient year-round comfort, a new oil tank, and a newly installed shower in the main bathroom. A brand-new washer and dryer, installed in 2026, will also be included. The home is move-in ready while still offering plenty of opportunity for a new owner to add their own personal touches and style. With additional upgrades and modernization, there is strong potential to build significant equity, making this an attractive option for contractors, renovators, and investors looking for a profitable flip opportunity. Conveniently situated near schools, shopping, restaurants, and all major amenities, this property combines practical updates, income potential, and a prime central location—making it an excellent opportunity in today’s market. (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$179,900
Down Payment - 5%$8,995
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,651

Mortgage Payment
$1,024
Property Tax
$127
Insurance
$150
Utilities
$350
Down Payment
$8,995
Loan Amount
$170,905
Total Interest
$136,338

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

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