10 Markland Street
St. John's, NL, A1E4A9
4 Beds | 2 Baths
$269,900
About the property (MLS: 1293716):
This two-apartment home offers plenty of potential but will require renovations. Ideally located in a great area close to shopping, recreation, and many other desirable amenities. With the right vision and some TLC, this property could become an excellent owner-occupied home with rental income to help offset your mortgage, or a solid investment property. (id:56688)
Property Details
MLS: 1293716
Listing ID: 29245884
Address: 10 Markland Street, St. John's, Newfoundland & Labrador, Canada A1E4A9
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 1978
Property Type: Single Family
Structure Type: Two Apartment House
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,200 square feet
Price per sq ft: $123
Tax Annual Amount: $2,510
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Number of photos available: 1
Rurl
Coordinates: [47.528162, -52.773368]
Listing ID: 29245884
Address: 10 Markland Street, St. John's, Newfoundland & Labrador, Canada A1E4A9
Status: Active
Last updated: 7 days ago ( Feb 2, 2026 )
Year Built: 1978
Property Type: Single Family
Structure Type: Two Apartment House
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,200 square feet
Price per sq ft: $123
Tax Annual Amount: $2,510
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Number of photos available: 1
Rurl
Coordinates: [47.528162, -52.773368]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known | 4pc 12.5x8.11 null 11.8x12.1 null 8.3x12 null |
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Bedroom Kitchen Dining room Living room | 4pc 11.1x10 null 12.5x11 null 12.5x8.3 null 10.11x9.1 null 12.4x9.5 null 15x12.5 null |
| Lower level | Laundry room Recreation room | 11.11x8.8 null 15.10x11.4 null |
Basic Calculator
First Mortgage: $215,920
Mortgage insurance premium: $0
Total Financing: $215,920
Rough closing fee (1.5%): ~ $4,049
Total downpayment with estimated closing fee: $58,029
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,420 | $29,040 |
| Gross rental income (income/principal ratio) | 0.897% | 10.760% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $338 | $4,056 |
| Vacancy | $121 | $1,452 |
| Management Fee | $194 | $2,324 |
| Expense / Income Ratio | 13.97% | 13.97% |
| Cash Flow | $1,768 | $21,216 |
| Net Operating Income (NOI) | $1,768 | $21,216 |
| Capitalization Rate | 0.66% | 7.86% |
Capitalization Rate: 7.86%
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).): $385,572
