19 Gower Street
St. John's, NL, A1C1N2
0 Bed |
$764,990
About the property (MLS: 1287139):
Here's a great opportunity to own a historic property on Gower Street east, within minutes walk of Signal Hill and downtown St. John's. The property has had substantial renovations in recent years, including torch-on roof 3 years ago, and new shingles on the mansard and porch roofs. The four apartments are self-contained and have electric heat on breaker panels. The fire escape has been rebuilt and the basement has had spray-on foam insulation installed in 2024. (id:56688)
Property Details
MLS: 1287139
Listing ID: 28536998
Address: 19 Gower Street, St. John's, Newfoundland & Labrador, Canada A1C1N2
Status: Active
Last updated: 12 days ago ( Jun 30, 2025 )
Year Built: 1890
Property Type: Single Family
Structure Type: Multi-Family
Ownership Type: Freehold
Beds: 0
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,100 square feet
Price per sq ft: $247
Tax Annual Amount: $2,791
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Heating: Baseboard heaters
Flooring: Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 13
Rurl
Coordinates: [47.570523, -52.702534]
Listing ID: 28536998
Address: 19 Gower Street, St. John's, Newfoundland & Labrador, Canada A1C1N2
Status: Active
Last updated: 12 days ago ( Jun 30, 2025 )
Year Built: 1890
Property Type: Single Family
Structure Type: Multi-Family
Ownership Type: Freehold
Beds: 0
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 3,100 square feet
Price per sq ft: $247
Tax Annual Amount: $2,791
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Heating: Baseboard heaters
Flooring: Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 13
Rurl
Coordinates: [47.570523, -52.702534]
Rooms
Basic Calculator
First Mortgage: $611,992
Mortgage insurance premium: $0
Total Financing: $611,992
Rough closing fee (1.5%): ~ $11,475
Total downpayment with estimated closing fee: $164,473
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,411 | $40,932 |
| Gross rental income (income/principal ratio) | 0.446% | 5.351% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $957 | $11,484 |
| Vacancy | $171 | $2,047 |
| Management Fee | $273 | $3,275 |
| Expense / Income Ratio | 28.06% | 28.06% |
| Cash Flow | $2,011 | $24,132 |
| Net Operating Income (NOI) | $2,011 | $24,132 |
| Capitalization Rate | 0.26% | 3.15% |
Capitalization Rate: 3.15%
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).): $1,092,843
