38 Prescott Street
St. John's, NL, A1C3S6
3 Beds | 3 Baths
$349,900
About the property (MLS: 1286160):
Located in the heart of the historic quarter, in vibrant downtown St. John's, this jelly bean row home, with mansard roof and hooded dormers, has been transformed through a complete redesign/renovation in 2009/2010. Only a moments walk from the revitalized Bannerman Park, Bannerman Brewery, and all the attractions of the downtown core. The open concept main floor includes the living room/dining room/kitchen. The recent kitchen with solid surface countertops, back splash, stainless steel appliances, white apron farm sink, high ceilings, and designer lighting. Staircase leads to the second floor with convenient laundry, primary bedroom with awesome closets, and spa inspired ensuite, with shower, free standing tub and double vanity. Separate powder room for your guests complete this level. The top floor boasts two well-proportioned bedrooms, and a second full bathroom with custom tile work. Unique opportunity to live in the downtown core but with an uber cool modern interior. The extensive 2009/2010 redesign included; kitchen, bathrooms, plumbing, flooring, lighting, and more. Reasonable, economic heating costs. Freshly painted throughout main level. An amazing home, OR great potential as an executive rental or Air B&B. Don't miss out! Offers to be submitted Monday, June 16 @ 2:00pm and left open for acceptance until 7:00pm (id:56688)
Property Details
Listing ID: 28439633
Address: 38 Prescott Street, St. John's, Newfoundland & Labrador, Canada A1C3S6
Status: Active
Last updated: 6 days ago ( Jun 14, 2025 )
Year Built: 2009
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,462 square feet
Price per sq ft: $240
Tax Annual Amount: $2,510
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 23
Rurl
Coordinates: [47.567199, -52.706635]
Rooms
| Third level | Bath (# pieces 1-6) Bedroom Bedroom | 6.2x11.4 4PC null 14.1x14.2 null 12.8x10.3 null |
| Second level | Bath (# pieces 1-6) Laundry room Ensuite Primary Bedroom | 2PC null closet null 11.2x7.3 5PC null 14.5x17.1 null |
| Main level | Living room/Dining room Living room Foyer | 18.7x11.0 null 13.0x12.4 null 6.7x10.9 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,609 | $19,308 |
| Gross rental income (income/principal ratio) | 0.460% | 5.518% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $81 | $966 |
| Management Fee | $129 | $1,545 |
| Expense / Income Ratio | 27.22% | 27.22% |
| Cash Flow | $962 | $11,544 |
| Net Operating Income (NOI) | $962 | $11,544 |
| Capitalization Rate | 0.27% | 3.30% |
