5 Murray Street
St. John's, NL, A1C4C5
0 Bed | 0 Bath
$60,000
About the property (MLS: 1293425):
5 Murray Street offers a unique opportunity in the heart of downtown with Commercial Mixed zoning which, including residential, also opens the door to various uses. This includes retail, office space, or even a charming café. This 2.5-storey building has been fully gutted and is ready for a complete transformation. City-approved structural plans and renovation permit are included—you can start right away! Adding a dormer window to the top floor can enhance the viewline to the harbour, making your vision even more appealing. This property is ideally located, just a 10-minute walk from the pedestrian mall, grocery stores, schools, and major bus routes. Whether you’re dreaming of a cozy personal retreat, a profitable flip, a rental property, or a vibrant business, this is your chance to breathe new life into a space and make it truly your own. Don’t miss out on the potential that 5 Murray Street has to offer! (id:56688)
Property Details
Listing ID: 29213803
Address: 5 Murray Street, St. John's, Newfoundland & Labrador, Canada A1C4C5
Status: Active
Last updated: 5 days ago ( Jan 20, 2026 )
Year Built: 1940
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 0
Baths: 0
1/2 Baths: 0
Heating: No heat
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 860 square feet
Price per sq ft: $70
Tax Annual Amount: $510
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Wood
Heating: No heat
Flooring: Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.564165, -52.713893]
Rooms
| Main level | Other | 22 x 10 null |
Basic Calculator
First Mortgage: $48,000
Mortgage insurance premium: $0
Total Financing: $48,000
Rough closing fee (1.5%): ~ $900
Total downpayment with estimated closing fee: $12,900
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $947 | $11,364 |
| Gross rental income (income/principal ratio) | 1.578% | 18.940% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $75 | $900 |
| Vacancy | $48 | $569 |
| Management Fee | $76 | $910 |
| Expense / Income Ratio | 7.92% | 7.92% |
| Cash Flow | $749 | $8,988 |
| Net Operating Income (NOI) | $749 | $8,988 |
| Capitalization Rate | 1.25% | 14.98% |
