For sale · MLS® 1303602
28 Water Street W
St Lawrence, NL, A0E1W0
List price
$130,000
About this propertyMLS® 1303602
Are you looking for an investment property or a home to move into and have the apartment help with your mortgage? This 2-story, 2-apartment home has a 2 bed, 1 bath unit on the main floor and a 2 bed, 1 bath unit on the second floor. Each tenant has their own separate entry at the rear of the house and both units come with all appliances including washer and dryer. Current rent for both units is $1600 a month. The main floor unit could use some cosmetic work but overall these two units would be great investments. The property is being sold in its current condition, with no warranties or representation by the seller. (id:56688)
Specifications
Property details
Room by room
Rooms
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Living room Eat in kitchen | 6.0 x 6.0 7.4 x 4.9 12.1 x 10.0 12.1 x 9.4 10.2 x 12.2 15.9 x 11.4 |
| Main level | Laundry room Bedroom Bath (# pieces 1-6) Bedroom Living room Eat in kitchen Porch | 6.9 x 7.1 9.9 x 9.2 7.6 x 4.9 12.1 x 9.3 10.2 x 11.3 11.1 x 9.0 6.2 x 7.6 |
The neighbourhood
St Lawrence at a glance
Live market stats for St Lawrence — what's for sale, what it costs, and how it compares to nearby towns.
Homes for sale here
8
Median list price
$112k
Price range
$52k – $130k
Typical build
1977
Average size
1,302 sqft
Where St Lawrence listings are priced
Every active list price in St Lawrence, grouped into bands.
List price, thousands of $ · 8 homes
View as table
| Price band ($) | Listings |
|---|---|
| <200 | 8 |
How St Lawrence compares
Median list price against the next biggest markets — click a row for that area guide.
The essentials
Location, air, flood & taxes
Elevation
4 m above sea level
Air quality now
AQHI 1.43 · Low risk
Burin station · updated 2:00 a.m.
Property tax
$1,298 / year
≈ $108 / month
Nearby & drive routes
10 places shown · OpenStreetMap · OSRM
Schools 3
Health 1
Groceries 3
Parks 3
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
$109/mo
Principal & interest $0 + property tax $109 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-162
NOI / month
$-162
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $109 | $1,298 |
| Expenses | $54 | $648 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-162 | $-1,944 |
| NOI | $-162 | $-1,944 |
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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