130 Pleasant Street
St. John's, NL, A1E1L4
3 Beds | 2 Baths
$247,000
About the property (MLS: 1293765):
Prime flip opportunity for all you savvy investors! Great location for an Airbnb in the heart of downtown St. John's, in close proximity to shopping, restaurants and nightlife. This home features 10 foot ceilings with an open concept living room and dining room on the main floor. There are 2 spacious bedrooms and a 3pc bathroom on the second floor. The third floor features a massive primary bedroom with a 3pc ensuite. Property in need of upgrades and sold “as is, where is”. (id:56688)
Property Details
MLS: 1293765
Listing ID: 29259917
Address: 130 Pleasant Street, St. John's, Newfoundland & Labrador, Canada A1E1L4
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 1969
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Marble, Ceramic
Living Area Total: 1,116 square feet
Price per sq ft: $222
Tax Annual Amount: $2,528
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Hardwood, Marble, Ceramic
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.556094, -52.718796]
Listing ID: 29259917
Address: 130 Pleasant Street, St. John's, Newfoundland & Labrador, Canada A1E1L4
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 1969
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Marble, Ceramic
Living Area Total: 1,116 square feet
Price per sq ft: $222
Tax Annual Amount: $2,528
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Hardwood, Marble, Ceramic
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.556094, -52.718796]
Rooms
| Third level | Ensuite Primary Bedroom | 3pc 27x13 null |
| Second level | Bath (# pieces 1-6) Bedroom Den Bedroom | 3pc 14x13 null 13x11 null 13x12 null |
| Main level | Kitchen Dining room Living room Foyer | 18x11 null 18x13.5 null 18x13 null 8x6 null |
Basic Calculator
First Mortgage: $197,600
Mortgage insurance premium: $0
Total Financing: $197,600
Rough closing fee (1.5%): ~ $3,705
Total downpayment with estimated closing fee: $53,105
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,228 | $14,736 |
| Gross rental income (income/principal ratio) | 0.497% | 5.966% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $309 | $3,708 |
| Vacancy | $62 | $737 |
| Management Fee | $99 | $1,179 |
| Expense / Income Ratio | 25.16% | 25.16% |
| Cash Flow | $760 | $9,120 |
| Net Operating Income (NOI) | $760 | $9,120 |
| Capitalization Rate | 0.31% | 3.69% |
Capitalization Rate: 3.69%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $352,858
