48 Blackwood Place
St. John's, NL, A1B2K6
3 Beds | 1 Bath
$385,000
About the property (MLS: 1294388):
Pre Sold. Fully renovated end unit in prime downtown location with In-Law suite in basement. Open concept main floor layout. Second floor consists of three generous sized bedrooms. (id:56688)
Property Details
MLS: 1294388
Listing ID: 29338986
Address: 48 Blackwood Place, St. John's, Newfoundland & Labrador, Canada A1B2K6
Status: Active
Last updated: 13 hours ago ( Feb 9, 2026 )
Year Built: 1970
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Living Area Total: 1,050 square feet
Price per sq ft: $367
Tax Annual Amount: $2,138
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: Baseboard heaters, Electric
Exterior Features: Aluminum siding, Vinyl siding
Common Interest: Freehold
Number of photos available: 0
Rurl
Coordinates: [47.593199, -52.729784]
Listing ID: 29338986
Address: 48 Blackwood Place, St. John's, Newfoundland & Labrador, Canada A1B2K6
Status: Active
Last updated: 13 hours ago ( Feb 9, 2026 )
Year Built: 1970
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Living Area Total: 1,050 square feet
Price per sq ft: $367
Tax Annual Amount: $2,138
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: Baseboard heaters, Electric
Exterior Features: Aluminum siding, Vinyl siding
Common Interest: Freehold
Number of photos available: 0
Rurl
Coordinates: [47.593199, -52.729784]
Rooms
| Second level | Bedroom Bedroom Primary Bedroom | 12.10 x 8 null 9 x 7.8 null 14 x 10.7 null |
| Main level | Dining room Kitchen Living room | 7.10 x 10 null 10 x 10.6 null 18 x 11 null |
Basic Calculator
First Mortgage: $308,000
Mortgage insurance premium: $0
Total Financing: $308,000
Rough closing fee (1.5%): ~ $5,775
Total downpayment with estimated closing fee: $82,775
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,155 | $13,860 |
| Gross rental income (income/principal ratio) | 0.300% | 3.600% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $482 | $5,784 |
| Vacancy | $58 | $693 |
| Management Fee | $93 | $1,109 |
| Expense / Income Ratio | 41.73% | 41.73% |
| Cash Flow | $523 | $6,276 |
| Net Operating Income (NOI) | $523 | $6,276 |
| Capitalization Rate | 0.14% | 1.63% |
Capitalization Rate: 1.63%
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).): $550,000
