254 New Pennywell Road
St. John's, NL, A1B1C6
4 Beds | 4 Baths
$425,000
About the property (MLS: 1285788):
First time to market! This beautifully maintained, pre-inspected 2-apartment home in St. John’s west end offers 4 bedrooms, 3.5 baths, and over 2,300 sq. ft. on an oversized lot. The main unit features 3 bedrooms, 2.5 baths, a mini split heat pump, and low heating costs with equal payments of just $234/month. The bright 1-bedroom basement apartment has its own entrance and separate utilities—tenant pays their own. Enjoy a fenced backyard, detached garage, and two sheds for extra storage. Ideally located near schools, parks, and all west-end amenities, this home offers comfort, efficiency, and flexibility for growing families As per sellers direction there will be no conveyance of offers prior to 11:00 am on June 5. All offers must remain open until 4 pm June 5, 2025 (id:56688)
Property Details
Listing ID: 28402090
Address: 254 New Pennywell Road, St. John's, Newfoundland & Labrador, Canada A1B1C6
Status: Active
Last updated: 10 days ago ( Jun 2, 2025 )
Year Built: 1991
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,335 square feet
Price per sq ft: $183
Tax Annual Amount: $2,989
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.549153, -52.755491]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Bath (# pieces 1-6) Utility room Laundry room Recreation room | 3 Piece null 5.0 x 7.8 null 13.4 x 13.1 null 11.8 x 10.8 null 2 Piece null 10.2 x 10 6 null 8.7 x 3.10 null 12.9 x 13 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Dining room Living room Kitchen | 4 Piece null 9.3 x 10.3 null 9.2 x 10.3 null 4 Piece null 13.6 x 11.3 null 17.3 x 15.2 null 17.3 x 9 null 15.9 x 10.3 null |
Basic Calculator
First Mortgage: $340,000
Mortgage insurance premium: $0
Total Financing: $340,000
Rough closing fee (1.5%): ~ $6,375
Total downpayment with estimated closing fee: $91,375
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,569 | $30,828 |
| Gross rental income (income/principal ratio) | 0.604% | 7.254% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $532 | $6,384 |
| Vacancy | $129 | $1,542 |
| Management Fee | $206 | $2,467 |
| Expense / Income Ratio | 20.71% | 20.71% |
| Cash Flow | $1,704 | $20,448 |
| Net Operating Income (NOI) | $1,704 | $20,448 |
| Capitalization Rate | 0.40% | 4.81% |
