5 Blackwood Place
St Johns, NL, A1B2K5
6 Beds | 2 Baths
$325,000
About the property (MLS: 1292264):
Prime investment property located in the heart of the post-secondary district. This fully rented 2-unit home features a 3-bed, 1-bath main floor plus a 2-bed, 1-bath in-law suite in the basement, each with separate living spaces and strong rental demand year-round. Walking distance to MUN, CNA, Marine Institute, bus routes, grocery, dining, and all amenities. Property offers ample parking, backyard space, and a proven rental history. Ideal turnkey addition to any portfolio in one of the city's most sought-after rental locations. As per the attached sellers direction, no offers to be presented prior to 5:00pm on Friday November 7th 2025. Offers to be left open until 10:00pm. (id:56688)
Property Details
Listing ID: 29065739
Address: 5 Blackwood Place, St Johns, Newfoundland & Labrador, Canada A1B2K5
Status: Active
Last updated: 9 days ago ( Nov 4, 2025 )
Year Built: 1970
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 6
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Living Area Total: 2,300 square feet
Price per sq ft: $142
Tax Annual Amount: $2,476
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted
Exterior Features: Wood shingles
Common Interest: Freehold
Number of photos available: 30
Rurl
Coordinates: [47.592437, -52.730581]
Rooms
| Basement | Storage Bath (# pieces 1-6) Bedroom Living room Laundry room Bedroom Bedroom Kitchen | 8.1 x 11 null 4 pc 8.9 x 9.3 null 11.9 x 12.2 null 6 x 8.4 null 10.5 x 10 null 9 x 10 null 11.8 x 17.1 null |
| Main level | Bath (# pieces 1-6) Bedroom Living room/Dining room Bedroom Bedroom Kitchen | 4 pc 9.9 x 10.3 null 14.5 x 24.3 null 10 x 12.23 null 10.4 x 12.3 null 9.9 x 10.6 null |
Basic Calculator
First Mortgage: $260,000
Mortgage insurance premium: $0
Total Financing: $260,000
Rough closing fee (1.5%): ~ $4,875
Total downpayment with estimated closing fee: $69,875
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,530 | $30,360 |
| Gross rental income (income/principal ratio) | 0.778% | 9.342% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $407 | $4,884 |
| Vacancy | $127 | $1,518 |
| Management Fee | $203 | $2,429 |
| Expense / Income Ratio | 16.09% | 16.09% |
| Cash Flow | $1,795 | $21,540 |
| Net Operating Income (NOI) | $1,795 | $21,540 |
| Capitalization Rate | 0.55% | 6.63% |
