For sale · MLS® 1299914
29 Main Road
Branch, NL, A0B1E0
List price
$40,000
About this propertyMLS® 1299914
Step back in time and discover the charm of this traditional Newfoundland biscuit box home, nestled in the scenic community of Branch. Rich in character and full of potential, this two-storey home features three bedrooms and one bathroom, offering a wonderful opportunity for those looking to restore a classic property. Situated on a 0.27 acre lot extending to the banks of a beautiful salmon river, new septic installed in 2020. This property offers a peaceful setting with stunning water views and the soothing sounds of nature right outside your door. Whether you're casting a line, enjoying your morning coffee overlooking the river, or simply taking in the tranquil surroundings, you'll appreciate the unique lifestyle this property provides. Being sold as is, this home is ideal for renovators, investors, or anyone dreaming of creating a charming cottage, weekend retreat, or year-round residence in one of Newfoundland's picturesque coastal communities. With vision and creativity, this riverside gem can become something truly special. Here is the chance to own a piece of Newfoundland history in an unforgettable setting. (id:56688)
Specifications
Property details
Room by room
Rooms
| Second level | Bedroom Bedroom Primary Bedroom | 11x8.5 10x10 11x11 |
| Main level | Bath (# pieces 1-6) Dining room Kitchen | 7x7 16x7 11.5x13 |
The essentials
Location, air, flood & taxes
Elevation
9 m above sea level
Air quality now
AQHI 1.82 · Low risk
St. John's station · updated 2:00 a.m.
Property tax
$500 / year
≈ $42 / month · assessment year 2026
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
$42/mo
Principal & interest $0 + property tax $42 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-49
NOI / month
$-49
Cap rate
-1.47%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $42 | $500 |
| Expenses | $8 | $96 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-49 | $-588 |
| NOI | $-49 | $-588 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
Get in touch
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- Call or text416-873-4676
- Emailharis@barki.co
- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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