About the property (MLS: 1285975):
If you're looking for an incredible home with 4 bedrooms in a family friendly area, then get excited to see 44 Gushue Avenue in Mount Pearl! This multilevel duplex home has so much to offer and is ideal for a first time home buyer, investor or anyone looking for location and value! The main floor offers a separate porch, spacious living room, dining room and kitchen. Upstairs you'll find 2 bedrooms including the Primary and a 3-piece bathroom. Head downstairs to 2 more bedrooms, another 1/2 bathroom and a storage space. And then the bottom level features the laundry room, large open rec room, and even more storage! Since moving in, the owners have built a 12x16 shed with metal roof, built the wall to make a closed in porch, removed the old car port, added fencing and the deck platform by the front door and updated the rec room space. If you're looking for the perfect place to call home on a quiet one-way street close to all amenities, highways, schools, parks, etc, then you have to check out this incredible home with incredible value! As per the Sellers Direction, offers are to be submitted by 3pm on June 9th and left open until 8pm same day. (id:56688)
Property Details
Listing ID: 28422846
Address: 44 Gushue Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N2R1
Status: Active
Last updated: 15 days ago ( Jun 5, 2025 )
Year Built: 1973
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Mixed Flooring
Living Area Total: 1,720 square feet
Price per sq ft: $160
Tax Annual Amount: $1,688
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Laminate, Carpeted, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 25
Rurl
Coordinates: [47.511629, -52.801804]
Rooms
Basement | Laundry room Recreation room | 7 x 7 null 21 x 18 null |
Other | Bedroom Bedroom | 11.4 x 10.4 null 10.4 x 7.8 null |
Second level | Bath (# pieces 1-6) Primary Bedroom Bedroom | B4 null 11.6 x 11 null 11 x 8.3 null |
Main level | Kitchen Dining room Living room | 9.6 x 9 null 12 x 9 null 17 x 11 null |
Basic Calculator
First Mortgage: $220,000
Mortgage insurance premium: $0
Total Financing: $220,000
Rough closing fee (1.5%): ~ $4,125
Total downpayment with estimated closing fee: $59,125
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,893 | $22,716 |
Gross rental income (income/principal ratio) | 0.688% | 8.260% |
Mortgage | $0 | $0 |
Monthly Expenses | $344 | $4,128 |
Vacancy | $95 | $1,136 |
Management Fee | $152 | $1,818 |
Expense / Income Ratio | 18.17% | 18.17% |
Cash Flow | $1,303 | $15,636 |
Net Operating Income (NOI) | $1,303 | $15,636 |
Capitalization Rate | 0.47% | 5.69% |