52-54 Holden Street
Mount Pearl, NL, A1N3G9
5 Beds | 2 Baths
$449,900
About the property (MLS: 1281219):
Great property for investors looking to run a small business or helping with the mortgage. This house is rented up and down. The attached convenience store is a bonus as a money maker. The property is on the corner of Holden street and Wyatt Boulevard. Main unit has three bedrooms, large living room and 10 x 24 rec. room downstairs. The basement apartment is a two bedroom in-law suite. (Tenants share the main door for access). Tenants are interesting in remaining in the home. Convenience store was built as an add on in 1995. The property is zoned for commercial and residential. The commercial portion would permit changing the store to another apartment, or a take out food joint. It is worth looking at. As per Sellers Direction, there will be no conveyance of any written offers prior to 1.pm on January 27, offers are to remain open until 6.pm on January 27. (id:56688)
Property Details
Listing ID: 27839375
Address: 52-54 Holden Street, Mount Pearl, Newfoundland & Labrador, Canada A1N3G9
Status: Active
Last updated: 6 days ago ( Mar 11, 2025 )
Year Built: 1986
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,712 square feet
Price per sq ft: $263
Tax Annual Amount: $2,986
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.532126, -52.801662]
Rooms
| Basement | Laundry room Bath (# pieces 1-6) Not known Not known Not known Not known Recreation room | 5 x 10 null 4 pc 9 x 9 null 9 x 10 null 11 x 14 null 8.5 x 10 null 10 x 24 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Living room Dining room Kitchen | 4 pc 8 x 13 null 9 x 10 null 12 x 12 null 15.6 x 11.6 null 9 x 10 null 11 x 8 null |
Basic Calculator
First Mortgage: $359,920
Mortgage insurance premium: $0
Total Financing: $359,920
Rough closing fee (1.5%): ~ $6,749
Total downpayment with estimated closing fee: $96,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,884 | $22,608 |
| Gross rental income (income/principal ratio) | 0.419% | 5.025% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $563 | $6,756 |
| Vacancy | $95 | $1,131 |
| Management Fee | $151 | $1,809 |
| Expense / Income Ratio | 29.88% | 29.88% |
| Cash Flow | $1,077 | $12,924 |
| Net Operating Income (NOI) | $1,077 | $12,924 |
| Capitalization Rate | 0.24% | 2.87% |
