57 BLACKLER Avenue
ST. JOHN'S, NL, A1E3E9
2 Beds | 1 Bath
$339,900
About the property (MLS: 1281681):
This Residential/Commercial property is a two bedroom self contained apartment. Tenants occupying both units on a month to month basis. This could be used for any sort of retail business and has 6-8 parking spaces. All measurements are approximate. This property is ideal for a first time home buyer with a commercial business to rent on lower level to help with income or a rental property for both units. (id:56688)
Property Details
MLS: 1281681
Listing ID: 27906174
Address: 57 BLACKLER Avenue, ST. JOHN'S, Newfoundland & Labrador, Canada A1E3E9
Status: Active
Last updated: 18 days ago ( Dec 2, 2025 )
Year Built: 1975
Property Type: Other
Architectural Style: Bungalow
Structure Type: Other
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,128 square feet
Price per sq ft: $160
Tax Annual Amount: $2,595
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Alarm System
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 16
Rurl
Coordinates: [47.549255, -52.744433]
Listing ID: 27906174
Address: 57 BLACKLER Avenue, ST. JOHN'S, Newfoundland & Labrador, Canada A1E3E9
Status: Active
Last updated: 18 days ago ( Dec 2, 2025 )
Year Built: 1975
Property Type: Other
Architectural Style: Bungalow
Structure Type: Other
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,128 square feet
Price per sq ft: $160
Tax Annual Amount: $2,595
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Alarm System
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 16
Rurl
Coordinates: [47.549255, -52.744433]
Rooms
| Basement | Other Other Storage | 4.6x29 null 28x29 null 9.6x11 null |
| Second level | Primary Bedroom Bedroom Eating area Living room Kitchen | 11x17 null 10.6x10.6 null 9x10.6 null 10.6x16 null 9x10.6 null |
Basic Calculator
First Mortgage: $271,920
Mortgage insurance premium: $0
Total Financing: $271,920
Rough closing fee (1.5%): ~ $5,099
Total downpayment with estimated closing fee: $73,079
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,341 | $28,092 |
| Gross rental income (income/principal ratio) | 0.689% | 8.265% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $425 | $5,100 |
| Vacancy | $118 | $1,405 |
| Management Fee | $188 | $2,248 |
| Expense / Income Ratio | 18.15% | 18.15% |
| Cash Flow | $1,612 | $19,344 |
| Net Operating Income (NOI) | $1,612 | $19,344 |
| Capitalization Rate | 0.47% | 5.69% |
Capitalization Rate: 5.69%
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).): $485,572
