For sale · MLS® 1301810
6 Brennan Street
St.John's, NL, A1E2R6
800 sqft
List price
$349,900
About this propertyMLS® 1301810
PROPERTY FOR SALE IN DOWNTOWN ST JOHNS. CURRENTLY OPERATING AS A GARAGE ""WILLIAMS AUTO AND CYCLE"" . BUSINESS HAS BEEN OPERATING FOR 33 YEARS. SALE INCLUDES BUILDING AND LAND. (id:56688)
Property details
MLS®1301810
Listing ID30155048
Address6 Brennan Street, St.John's, Newfoundland & Labrador, Canada A1E2R6
StatusActive
Last updated10 days ago ( Oct 20, 2026 )
Property TypeRetail
Structure TypeSpecial Purpose
Ownership TypeFreehold
HeatingForced air, No heat, Oil
Living Area Total800 square feet
Price per sq ft: $438Tax Annual Amount$4,000
GarageNo
Attached GarageNo
CarportNo
Open ParkingNo
WaterfrontNo
PoolNo
RoofOther, Unknown
HeatingForced air, No heat, Oil
Common InterestFreehold
Business TypeAutomobile, Other
Number of photos available6
RurlCoordinates: [47.556206, -52.713411]
Rooms
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $881 | $10,572 |
| Gross rental income (income/principal ratio) | 0.252% | 3.021% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $45 | $529 |
| Management Fee | $71 | $846 |
| Expense / Income Ratio | 49.72% | 49.72% |
| Cash Flow | $329 | $3,948 |
| Net Operating Income (NOI) | $329 | $3,948 |
| Capitalization Rate | 0.09% | 1.13% |
Capitalization Rate: 1.13%
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).): $499,858
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