138 Park Avenue
Mount Pearl, NL, A1N1K7
3 Beds | 1 Bath
$200,000
About the property (MLS: 1286663):
Situated on a mature, green and luscious, level lot, this quaint home is waiting for a new owner to make it their own! While the home requires some work for completion of upgrades/renovations there have been a number of upgrades completed including new siding, new front door, mostly new windows, shingles replaced in ~2018, and a new hot water tank installed in 2024. The main floor includes 3 beds and 1 bath, an eat-in kitchen with access to the rear deck and yard, and living/family room. There is a partial, poured concrete, basement (~450sqft) housing laundry, utilities and an exterior door. 138 Park Ave would make a great investment property or starter home! (All measurements are approximate and to be confirmed by purchaser. Property being sold AS IS, WHERE IS - Any home inspection for purchaser's information only). (id:56688)
Property Details
Listing ID: 28487799
Address: 138 Park Avenue, Mount Pearl, Newfoundland & Labrador, Canada A1N1K7
Status: Active
Last updated: 14 hours ago ( Jul 11, 2025 )
Year Built: 1952
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile, Wood, Mixed Flooring
Living Area Total: 900 square feet
Price per sq ft: $223
Tax Annual Amount: $1,237
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile, Wood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.519472, -52.79412]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Not known Living room Porch | 4 PC null 10x10 null 11x8.5 null 9x12 null 18x11 null 14x13 null 3.8x4.8 null |
Basic Calculator
First Mortgage: $160,000
Mortgage insurance premium: $0
Total Financing: $160,000
Rough closing fee (1.5%): ~ $3,000
Total downpayment with estimated closing fee: $43,000
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $991 | $11,892 |
| Gross rental income (income/principal ratio) | 0.495% | 5.946% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $250 | $3,000 |
| Vacancy | $50 | $595 |
| Management Fee | $80 | $952 |
| Expense / Income Ratio | 25.23% | 25.23% |
| Cash Flow | $613 | $7,356 |
| Net Operating Income (NOI) | $613 | $7,356 |
| Capitalization Rate | 0.31% | 3.68% |
