For sale · MLS® 1297848
13 Burkes Road
Flowers Cove, NL, A0K2N0
List price
$219,000
About this propertyMLS® 1297848
Located in the peaceful and scenic community of Flowers Cove, this well-maintained 2-unit duplex offers an incredible opportunity for investors or first-time buyers looking to offset their mortgage with rental income. Each unit features 2 bedrooms and 1 bathroom, with both units currently rented, providing immediate income potential. Live comfortably in one unit while renting the other and enjoy the possibility of living close to mortgage free. Conveniently located near the local hospital, grocery store, take-out restaurants, and beautiful hiking trails, this property combines investment potential with small-town charm and coastal living. Whether you’re looking to expand your rental portfolio or purchase your first home with added income support, this property is one you won’t want to miss! (id:56688)
Specifications
Property details
Room by room
Rooms
| Main level | Foyer Laundry room Bedroom Bedroom Bath (# pieces 1-6) Kitchen Dining room Living room Foyer Laundry room Bedroom Bedroom Bath (# pieces 1-6) Kitchen Dining room Living room | 5.2x7.2 9.6x9.7 9.6x11.7 9.8x11.8 9.8x5.7 10.1x13.7 10.1x9.3 23.5x12.8 3.9x10.4 9.7x5.8 9.7x11.2 8.5x12.8 9.7x8 11.2x11.8 11.2x8.2 13.6x11 |
The neighbourhood
Flowers Cove at a glance
Live market stats for Flowers Cove — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
4
Median list price
$160k
Price range
$20k – $399k
Typical build
1984
Average size
3,556 sqft
Where Flowers Cove listings are priced
Every active list price in Flowers Cove, grouped into bands.
List price, thousands of $ · 4 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 2 |
| 200–300 | 1 |
| 300–400 | 1 |
How Flowers Cove compares
Median list price against the next biggest markets — click a row for that area guide.
Flowers Covenearby markets
The essentials
Location, air, flood & taxes
Elevation
0 m above sea level
Property tax
$1,505 / year
≈ $125 / month
Nearby & drive routes
1 place shown · OpenStreetMap · OSRM
Schools 1
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$126/mo
Principal & interest $0 + property tax $126 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-273
NOI / month
$-273
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $126 | $1,505 |
| Expenses | $148 | $1,776 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-273 | $-3,276 |
| NOI | $-273 | $-3,276 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.
Talk to Haris
A real person, every time
Buying, selling, or just curious about what your home is worth — no call centres, no runaround.
- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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