68 Pearce Avenue
ST JOHNS, NL, A1E3C3
$415,000
About the property (MLS: 1292910):
Great investment property in the center of the city , high traffic area and storefront across from MUNDY POND and ROPEWALK LANE . Multi -use main floor has had many uses such as convenience store , hair salon, currently a used furniture and antique store with a kitchen and full bathroom , storage . The units consist of a top floor two bedroom unit , a main floor two bedroom unit and a one bedroom unit all with separate meters . 4 units total . Improvements were made on the property over the years by the current owner , all electric heat and tenants pay there own utilities . multiple vehicle parking , monthly income $3250 , long term tenants , 24 hour notice for all viewings , wont last long in this location . (id:56688)
Property Details
Listing ID: 29145111
Address: 68 Pearce Avenue, ST JOHNS, Newfoundland & Labrador, Canada A1E3C3
Status: Active
Last updated: 2 days ago ( Jan 22, 2026 )
Year Built: 1975
Property Type: Retail
Structure Type: Commercial Mix
Ownership Type: Freehold
Heating: Electric
Flooring: Laminate, Mixed Flooring
Tax Annual Amount: $2,837
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Electric
Flooring: Laminate, Mixed Flooring
Common Interest: Freehold
Business Type: Food Services and Beverage, Other, Retail and Wholesale, Residential
Number of photos available: 21
Rurl
Coordinates: [47.553574, -52.73438]
Rooms
Basic Calculator
First Mortgage: $332,000
Mortgage insurance premium: $0
Total Financing: $332,000
Rough closing fee (1.5%): ~ $6,225
Total downpayment with estimated closing fee: $89,225
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $0 | $0 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | NaN% | NaN% |
| Cash Flow | $0 | $0 |
| Net Operating Income (NOI) | $0 | $0 |
| Capitalization Rate | 0.00% | 0.00% |
