7 Perrins Road
Conception Bay South, NL, A1W5A6
6 Beds | 3 Baths
$398,000
About the property (MLS: 1286023):
This charming 2 apartment is centrally located in beautiful CBS, just minutes from shopping and restaurants. It boasts a total of 6 bedrooms, with three bedrooms in each unit. The main floor features a spacious, open-concept kitchen, dining area, and living room, which open to a patio deck and a large backyard. The master bedroom has a three-piece ensuite and a walk-in closet. There are two other bedrooms and an office on the main floor. The basement apartment also has three bedrooms, with a three-piece ensuite off the master bedroom. There is ample paved parking out front. It's just a short walk down Perrins Rd to the water, where you can launch your boat or enjoy the view. Rental income currently $1,650 per month POU for Main Floor and $1,400 per month POU for Basement. This one won't last long so call now for your private viewing. 24 HOUR NOTICE REQJIRED FOR SHOWINGS!! No Conveyance of any written signed offers prior to 4PM June 13, 2025 and all offers will remain open until 8pm June 13, 2025 as per the Sellers Direction. (id:56688)
Property Details
Listing ID: 28438395
Address: 7 Perrins Road, Conception Bay South, Newfoundland & Labrador, Canada A1W5A6
Status: Active
Last updated: 3 days ago ( Jun 9, 2025 )
Year Built: 2013
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 6
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Living Area Total: 2,089 square feet
Price per sq ft: $191
Tax Annual Amount: $2,422
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: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 37
Rurl
Coordinates: [47.513105, -52.968987]
Rooms
| Basement | Laundry room Storage Ensuite Bath (# pieces 1-6) Not known Not known Not known Not known Not known | 2'10"" X 5'6"" null 13'7"" X 8'0"" null 6'4"" X 7'10"" null 7'11"" X 5'3"" null 11'1"" X 9'7"" null 11'6"" X 9'6"" null 11'8 X 11'2"" null 11'3"" X 13'3"" null 11'3"" X 13'0"" null |
| Main level | Porch Office Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Living room Not known | 6'4"" X 5'9"" null 7'0"" X 7'7"" null 2'10"" X 5'6"" null 7'5"" X 5'6"" null 9'9"" X 10'4"" null 9'9"" X 10'4"" null 5'4"" X 7'2"" null 12'3"" X 12'0"" null 11' X 12'7"" null 11'7"" X 15' null |
Basic Calculator
First Mortgage: $318,400
Mortgage insurance premium: $0
Total Financing: $318,400
Rough closing fee (1.5%): ~ $5,970
Total downpayment with estimated closing fee: $85,570
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,298 | $27,576 |
| Gross rental income (income/principal ratio) | 0.577% | 6.929% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $498 | $5,976 |
| Vacancy | $115 | $1,379 |
| Management Fee | $184 | $2,207 |
| Expense / Income Ratio | 21.67% | 21.67% |
| Cash Flow | $1,502 | $18,024 |
| Net Operating Income (NOI) | $1,502 | $18,024 |
| Capitalization Rate | 0.38% | 4.53% |
