About the property (MLS: 1272554):
Discover this charming family home located on a peaceful street off Park Avenue in Mount Pearl, backing onto serene green space. With all hardwood floors freshly sanded and refinished to perfection, this home radiates potential and is ready for your creative touch. This well-maintained property has never been on the market before and sits on an oversized lot with coveted southern exposure. Featuring three bedrooms and a four-piece bath, this home is primed for a major renovation, offering you the opportunity to transform it into your dream space. The level, mature lot provides ample space for outdoor activities and gardening, and includes the convenience of an in-house garage plus the added bonus of a detached shed. This home is truly a diamond in the rough, presenting a rare opportunity to create something spectacular. (id:56688)
Property Details
Listing ID: 26932042
Address: 20 Pleasant Avenue, Mt. Pearl, Newfoundland & Labrador, Canada A1N1S2
Status: Active
Last updated: 2 years ago ( May 24, 2024 )
Year Built: 1968
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Hot water radiator heat, Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,728 square feet
Price per sq ft: $165
Tax Annual Amount: $1,667
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, Oil
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.517912, -52.79389]
Rooms
| Other | Not known | 24.0x12.8 feet |
| Lower level | Laundry room | 23.6x22.8 stora feet |
| Main level | Bedroom Bedroom Bedroom Kitchen Living room Dining room | 9.10x9.7 feet 9.9x10.11 feet 9.9x8.3 feet 9.7x9.8 feet 11.1x8.0 feet 11.0x8.1 feet |
Basic Calculator
First Mortgage: $227,920
Mortgage insurance premium: $0
Total Financing: $227,920
Rough closing fee (1.5%): ~ $4,274
Total downpayment with estimated closing fee: $61,254
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,901 | $22,812 |
| Gross rental income (income/principal ratio) | 0.667% | 8.007% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $357 | $4,284 |
| Vacancy | $96 | $1,141 |
| Management Fee | $153 | $1,825 |
| Expense / Income Ratio | 18.78% | 18.78% |
| Cash Flow | $1,297 | $15,564 |
| Net Operating Income (NOI) | $1,297 | $15,564 |
| Capitalization Rate | 0.46% | 5.46% |




































