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TelephoneEmail71-73 Gower Street, St. John's, Newfoundland & Labrador, Canada A1C1N6

71-73 Gower Street

St. John's, NL, A1C1N6

location

4 Beds | 3 Baths

$489,000

71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
71-73 Gower Street St. John's Newfoundland & Labrador Canada A1C1N6, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1285071):

Unique opportunity! Fully detached, registered 2-apartment with outstanding harbour views and rear garage, accessible from Pilot’s Hill! This well maintained property (detailed list of improvements available upon request) is located in the heart of the downtown core and is ideal for an investor or home owner looking to offset their mortgage with apartment revenue. The main level one bedroom apartment, fronting on Gower Street, consists of a living room with fireplace and kitchen with dishwasher, and private rear patio off the kitchen. Access to shared laundry and shared basement for storage (Shared laundry could be easily converted to a private use for upper level apartment). The bright and spacious 2-storey apartment occupying the second and third levels, boasts outstanding views of St. John’s Harbour, Signal Hill and the Narrows. The second floor includes a large updated eat-in kitchen with dishwasher, adjoining living room and dining room, both with fireplace and finished with unique wood paneling, and full bathroom. Stunning views from the rear patio, accessible off the hallway. The top level has three well-proportioned bedrooms (one with sitting room/office), and full bathroom. Convenient energy efficient mini split for heating and cooling. Large detached garage at the rear provides a unique opportunity for parking or storage/workshop space. Property will be vacant upon closing. Offers to be submitted by May 27 at 12pm (noon) and left open for acceptance May 28 until 12pm (noon) (id:56688)

Property Details
MLS: 1285071
Listing ID: 28334242
Address: 71-73 Gower Street, St. John's, Newfoundland & Labrador, Canada A1C1N6
Status: Active
Last updated: a month ago ( May 20, 2025 )
Year Built: 1920
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
View: View
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 3,149 square feet
Price per sq ft: $156
Tax Annual Amount: $2,540
Tax Year: 2025
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 49
Rurl
Coordinates: [47.569041, -52.703902]

Rooms

Basement
Storage
Storage
Storage
Storage
6'2""X12'5"" null
8'6""X12'5"" null
15'0""X8'0"" null
24'11""X19'8"" null
Third level
Bath (# pieces 1-6)
Bedroom
Bedroom
Storage
Primary Bedroom
9'11""X6'9"" 2pc
11'6""X11'6"" null
12'10""X12'9"" null
10'8""X6'10"" WIC null
14'2""X11'1"" null
Second level
Bath (# pieces 1-6)
Living room
Dining room
Kitchen
Foyer
7'1""X6'1"" 3pc
12'4""X13'3"" null
12'10""X13'3"" null
13'11""x13'3"" null
20'0""X6'1"" null
Main level
Bath (# pieces 1-6)
Not known
Not known
Not known
Not known
Porch
8'8""X4'10"" 3pc
14'1""X6'1"" null
13'4""X14'6"" null
13'3""X6'9"" null
10'2""X11'11"" null
12'5""X6'1"" null

Basic Calculator



First Mortgage: $391,200

Mortgage insurance premium: $0

Total Financing: $391,200

Rough closing fee (1.5%): ~ $7,335

Total downpayment with estimated closing fee: $105,135

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$3,464$41,568
Gross rental income (income/principal ratio)0.708%8.501%
Mortgage$0$0
Monthly Expenses$612$7,344
Vacancy$174$2,079
Management Fee$278$3,326
Expense / Income Ratio17.67%17.67%
Cash Flow$2,402$28,824
Net Operating Income (NOI)$2,402$28,824
Capitalization Rate0.49%5.89%
Capitalization Rate: 5.89%
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).): $698,572