489 Southside Road photo 11 / 8

MLS #1297927

489 Southside Road

St. John's

$119,900

3 Beds
1 Bath
1,340 sqft
Single Family
Source Listing

Property Details

Contractor Special / Fixer Upper Opportunity! Looking for an affordable starter home with the vision and potential to transform it into something special? This property is perfect for buyers, investors, or contractors ready to take on a project and build equity along the way. While the home requires major work and significant TLC, several important exterior upgrades have already been completed, including vinyl siding, vinyl windows, and the roof redone in 2015 — providing a solid foundation to begin your renovations. Featuring electric heat, a valuable advantage in today’s real estate market, this property offers incredible potential for someone with creativity and ambition. Adding even more value, the city has approved the rear portion of the lot for a mini home, creating exciting future development or rental income possibilities. Whether you’re looking to renovate the existing home, add an additional dwelling, invest, or flip, the opportunities here are endless. Bring your tools, vision, and imagination — this is a rare chance to unlock the full potential of a property with multiple possibilities at an affordable price point! (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$119,900
Down Payment - 5%$5,995
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,308

Mortgage Payment
$683
Property Tax
$125
Insurance
$150
Utilities
$350
Down Payment
$5,995
Loan Amount
$113,905
Total Interest
$90,867

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

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