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TelephoneEmail6 Ruth Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1X4

6 Ruth Avenue

Mount Pearl, NL, A1N1X4

location

5 Beds | 2 Baths

$269,900

6 Ruth Avenue Mount Pearl Newfoundland & Labrador Canada A1N1X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Ruth Avenue Mount Pearl Newfoundland & Labrador Canada A1N1X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Ruth Avenue Mount Pearl Newfoundland & Labrador Canada A1N1X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Ruth Avenue Mount Pearl Newfoundland & Labrador Canada A1N1X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Ruth Avenue Mount Pearl Newfoundland & Labrador Canada A1N1X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Ruth Avenue Mount Pearl Newfoundland & Labrador Canada A1N1X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Ruth Avenue Mount Pearl Newfoundland & Labrador Canada A1N1X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Ruth Avenue Mount Pearl Newfoundland & Labrador Canada A1N1X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Ruth Avenue Mount Pearl Newfoundland & Labrador Canada A1N1X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Ruth Avenue Mount Pearl Newfoundland & Labrador Canada A1N1X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
6 Ruth Avenue Mount Pearl Newfoundland & Labrador Canada A1N1X4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1280514):

Mount Pearl 2 apartment with tenants in place who would like to stay. 3 bedrooms on main floor with 2 bedroom unregistered apt downstairs. Very private rear yard with vehicle access, mature trees and fenced. Centrally located and within walking distance to Centennial Square, ST. David's Park, etc. HST, if any to be the responsibility of the Buyer. (id:56688)

Property Details
MLS: 1280514
Listing ID: 27822535
Address: 6 Ruth Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1X4
Status: Active
Last updated: 24 days ago ( Jan 20, 2025 )
Year Built: 1955
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Forced air, Oil
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,016 square feet
Price per sq ft: $134
Tax Annual Amount: $1,863
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Forced air, Oil
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 11
Rurl
Coordinates: [47.520516, -52.808972]

Rooms

Basement
Not known
Not known
Living room
Not known
12-6 X 9-6 null
13-0 X 10-3 null
13-6 X 12-7 null
12-9 X 7-7 null
Main level
Bedroom
Bedroom
Primary Bedroom
Living room
Dining room
Kitchen
10-4 X 9-5 null
12-11 X 8-3 null
14-3 X 11-0 null
16-8 X 12-8 null
11-4 X 11-2 null
10-6 X 8-2 null

Basic Calculator



First Mortgage: $215,920

Mortgage insurance premium: $0

Total Financing: $215,920

Rough closing fee (1.5%): ~ $4,049

Total downpayment with estimated closing fee: $58,029

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,218$26,616
Gross rental income (income/principal ratio)0.822%9.861%
Mortgage$0$0
Monthly Expenses$338$4,056
Vacancy$111$1,331
Management Fee$178$2,130
Expense / Income Ratio15.24%15.24%
Cash Flow$1,592$19,104
Net Operating Income (NOI)$1,592$19,104
Capitalization Rate0.59%7.08%
Capitalization Rate: 7.08%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $385,572