18 GOWER Street
ST JOHNS, NL, A1C1N1
$699,000
About the property (MLS: 1291691):
Welcome to the "JELLYBEAN HERITAGE INN" , currently operating as a functional B AND B in the heart of downtown ! This vibrant inn is full of history , built in 1894 by the inventor of the COD TRAP and holds designation as a registered heritage building . Each room blends classic architectural details, original hardwood and softwood floors , stained glass on entrance , period mouldings with modern comforts such as the newly renovated kitchen with Quartz counters , the new valour propane fireplace in the living room , a new propane furnace with electric heating in the in- law apartment . The current owner has upgraded plumbing and electrical , windows , bathrooms , roof shingles. The west-facing sundrenched yard is perfect to enjoy an evening fire while the sun sets over many flowering shrubs and bushes in the century old garden . large dining room with another working fireplace , the two upper floors consist of 6 bedrooms , all with fireplaces , and ensuites , a skylight provides lots of light to the period staircase , many new windows and updated bathrooms .A bachelor apartment in the lower level , creating a perfect scenario for a live-in caretaker or nanny suite. Step outside to explore picturesque streets lined with equally colorful facades, local shops and seaside views are at your doorstep. This is your opportunity to own this registered Heritage property downtown , walking distance to bars and restaurants. (id:56688)
Property Details
Listing ID: 29008471
Address: 18 GOWER Street, ST JOHNS, Newfoundland & Labrador, Canada A1C1N1
Status: Active
Last updated: 21 days ago ( Oct 23, 2025 )
Year Built: 1894
Property Type: Business
Structure Type: Special Purpose
Ownership Type: Freehold
View: View
Number of stories: 3
Number of Levels: 3
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Other
Living Area Total: 3,350 square feet
Price per sq ft: $209
Tax Annual Amount: $3,700
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Other
Common Interest: Freehold
Business Type: Accommodation, Resort, Residential, Arts and Entertainment
Building Features: Laundry Facility, Living Accommodation
Number of photos available: 39
Rurl
Coordinates: [47.570622, -52.702864]
Rooms
Basic Calculator
First Mortgage: $559,200
Mortgage insurance premium: $0
Total Financing: $559,200
Rough closing fee (1.5%): ~ $10,485
Total downpayment with estimated closing fee: $150,285
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,686 | $44,232 |
| Gross rental income (income/principal ratio) | 0.527% | 6.328% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $874 | $10,488 |
| Vacancy | $185 | $2,212 |
| Management Fee | $295 | $3,539 |
| Expense / Income Ratio | 23.71% | 23.71% |
| Cash Flow | $2,333 | $27,996 |
| Net Operating Income (NOI) | $2,333 | $27,996 |
| Capitalization Rate | 0.33% | 4.01% |
