50 Stamp's Lane
St. John's, NL, A1B3H6
4 Beds | 2 Baths
$239,900
About the property (MLS: 1293543):
Close to MUN, the Health Science Center, and the Avalon Mall this 2 apartment property is priced to sell. The main floor unit has two bedrooms, a living room, and eat in kitchen. It also offers a full bathroom with laundry hook up. There is a large patio deck off the main unit over looking the garden. The second floor unit is presently rented for $1000 pou and is in excellent condition. It also offers two bedrooms, a large living room and full kitchen. The open crawl space is ideal for additional storage. The property is being sold "As Is, Where Is", no property condition disclosure statement can be provided. In this area, and at this price this could be an excellent opportunity for the smart buyer. No conveyance of written offers prior to 5:00pm on , Jan 12, 2026. All offers must remain open until 8:00pm on Jan 12, 2026. (id:56688)
Property Details
Listing ID: 29230397
Address: 50 Stamp's Lane, St. John's, Newfoundland & Labrador, Canada A1B3H6
Status: Active
Last updated: 14 hours ago ( Jan 24, 2026 )
Year Built: 1950
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,500 square feet
Price per sq ft: $160
Tax Annual Amount: $1,977
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 18
Rurl
Coordinates: [47.561268, -52.740876]
Rooms
| Basement | Storage | |
| Second level | Not known Not known Not known Not known | 10x8 null 10x9 null 15x11 null 13x10 null |
| Main level | Bedroom Bedroom Living room Kitchen | 10x8 null 10x10 null 14x12 null 14x10 null |
Basic Calculator
First Mortgage: $191,920
Mortgage insurance premium: $0
Total Financing: $191,920
Rough closing fee (1.5%): ~ $3,599
Total downpayment with estimated closing fee: $51,579
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,651 | $19,812 |
| Gross rental income (income/principal ratio) | 0.688% | 8.258% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $300 | $3,600 |
| Vacancy | $83 | $991 |
| Management Fee | $133 | $1,585 |
| Expense / Income Ratio | 18.17% | 18.17% |
| Cash Flow | $1,137 | $13,644 |
| Net Operating Income (NOI) | $1,137 | $13,644 |
| Capitalization Rate | 0.47% | 5.69% |
