6 Pearce Avenue
St. John's, NL, A1E3C3
3 Beds | 1 Bath
$239,000
About the property (MLS: 1285025):
Charming 3-Bedroom Home with Modern Upgrades and Historic Character Built in 1933 | Renovated to the Studs in 2011 This beautifully updated 3-bedroom home blends timeless character with thoughtful, modern upgrades. Renovated down to the studs in 2011, this property offers peace of mind and comfort, all while retaining its original charm. Interior Features: Spacious and bright living room with large windows and stunning sunset views. Gleaming hardwood floors throughout the living room and all three bedrooms New trim, baseboards, and interior doors for a clean, contemporary finish Three heat/AC pumps (two upstairs, one downstairs) for year-round comfort An efficient hot water on-demand heating system powered by electricity Updated electrical panels and significant electrical upgrades New water tank (2024) New copper piping with some PEX upgrades Exterior Features: Solid roof installed in 2010 and recently inspected—still in excellent condition Expansive front deck, perfect for enjoying sunset views Two sheds: one for snowblower storage and a larger one for garden tools and supplies This home is move-in ready and perfect for families, first-time buyers, or anyone seeking a stylish home with all the hard work already done. Don’t miss your chance to own this gem! Sellers Directive attached No Conveyance of offers until 12pm Sunday, May 25th (id:56688)
Property Details
Listing ID: 28343098
Address: 6 Pearce Avenue, St. John's, Newfoundland & Labrador, Canada A1E3C3
Status: Active
Last updated: 22 days ago ( May 21, 2025 )
Year Built: 1933
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood
Living Area Total: 1,735 square feet
Price per sq ft: $138
Tax Annual Amount: $1,800
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 6
Rurl
Coordinates: [47.551422, -52.732509]
Rooms
| Main level | Bedroom Bedroom Bedroom Bath (# pieces 1-6) Dining room Kitchen Living room | 10 x 8' 10"" null 8' x 8' 10"" null 10' 4"" x 8' 10"" null 6' x 9' 1"" null 12' 4"" x 10' 4"" null 12' 4"" x 10' 2"" null 17' 4"" x 9' 5"" null |
Basic Calculator
First Mortgage: $191,200
Mortgage insurance premium: $0
Total Financing: $191,200
Rough closing fee (1.5%): ~ $3,585
Total downpayment with estimated closing fee: $51,385
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,909 | $22,908 |
| Gross rental income (income/principal ratio) | 0.799% | 9.585% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $299 | $3,588 |
| Vacancy | $96 | $1,146 |
| Management Fee | $153 | $1,833 |
| Expense / Income Ratio | 15.66% | 15.66% |
| Cash Flow | $1,362 | $16,344 |
| Net Operating Income (NOI) | $1,362 | $16,344 |
| Capitalization Rate | 0.57% | 6.84% |
