For sale · MLS® 1304208
41 Pleasant Avenue
Stephenville, NL, A2N1R9
List price
$429,000
About this propertyMLS® 1304208
Located in the center of town within walking distance to all local amenities, this turn-key four-unit apartment building presents an exceptional opportunity for investors or owner-occupants. The versatile, well-cared-for property features two spacious two-bedroom apartments (1.5 baths in Unit 1 and 1 bath in Unit 4) and two efficient one-bedroom, one-bathroom units. To keep operating expenses low, each residence is equipped with its own separate electrical service, along with convenient in-suite washer and dryer hookups. With dedicated parking for two vehicles per unit (eight spaces total) and an expansive, private backyard, this property stands apart from standard multi-family assets and makes an ideal addition to any rental portfolio. (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Other | 30.5x90 |
The neighbourhood
Stephenville at a glance
Live market stats for Stephenville — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
91
Median list price
$265k
Price range
$45k – $5.5M
Typical build
1975
Average size
4,882 sqft
Where Stephenville listings are priced
Every active list price in Stephenville, grouped into bands.
List price, thousands of $ · 91 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 38 |
| 200–300 | 15 |
| 300–400 | 15 |
| 400–500 | 6 |
| 500–750 | 12 |
| 750–1M | 2 |
| 1M+ | 3 |
How Stephenville compares
Median list price against the next biggest markets — click a row for that area guide.
Stephenvillenearby markets
The essentials
Location, air, flood & taxes
Elevation
19 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 1:00 a.m.
Property tax
$3,500 / year
≈ $292 / month
Climate
Feb -3° · Aug 21°
normal daily high · STEPHENVILLE A station · 1991–2020
Nearby & drive routes
14 places shown · OpenStreetMap · OSRM
Schools 4
Groceries 4
Cafés 1
Parks 5
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$292/mo
Principal & interest $0 + property tax $292 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-536
NOI / month
$-536
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $292 | $3,500 |
| Expenses | $245 | $2,940 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-536 | $-6,432 |
| NOI | $-536 | $-6,432 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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