18 Sunrise Avenue
Mount Pearl, NL, A1N1B8
4 Beds | 2 Baths
$169,900
About the property (MLS: 1282125):
A fantastic opportunity for a flip or renovation project! Situated in the heart of Mount Pearl, this raised bungalow rests on a large, level lot with drive-in access to a detached double car garage. The main floor features 3 bedrooms and 1 full bathroom, while the basement offers a 2-bedroom, 1-bathroom in-law suite. The property also includes two electrical meters for added flexibility. With its prime location near all major amenities, this home is brimming with potential for the right buyer! Being sold "as is". As per sellers direction - no conveyance of offers until 12 pm March 4th, 2025 and response will be by 5 pm March 4th, 2025 (id:56688)
Property Details
Listing ID: 27965097
Address: 18 Sunrise Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1B8
Status: Active
Last updated: 12 days ago ( Mar 4, 2025 )
Year Built: 1958
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Hot water radiator heat, No heat
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Living Area Total: 1,958 square feet
Price per sq ft: $87
Tax Annual Amount: $1,669
Tax Year: 2025
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Hot water radiator heat, No heat
Flooring: Hardwood, Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 19
Rurl
Coordinates: [47.514464, -52.807975]
Rooms
| Basement | Porch Living room Foyer Eating area Bedroom Bedroom | 7.4x4.11 null 15.1x12.2 null 11.1x11.6 null 8.10x8.4 null 10.4x10.6 null 11.8x9.7 null |
| Main level | Bedroom Bedroom Bedroom Kitchen Dining room Living room Porch | 9.3x13.1 null 10.7x8.9 null 11.10x10.11 null 6.10x12.4 null 10.2x9.1 null 19.2x13.2 null 5.1x5.1 null |
Basic Calculator
First Mortgage: $135,920
Mortgage insurance premium: $0
Total Financing: $135,920
Rough closing fee (1.5%): ~ $2,549
Total downpayment with estimated closing fee: $36,529
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,154 | $25,848 |
| Gross rental income (income/principal ratio) | 1.268% | 15.214% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $213 | $2,556 |
| Vacancy | $108 | $1,293 |
| Management Fee | $173 | $2,068 |
| Expense / Income Ratio | 9.89% | 9.89% |
| Cash Flow | $1,661 | $19,932 |
| Net Operating Income (NOI) | $1,661 | $19,932 |
| Capitalization Rate | 0.98% | 11.73% |
