140-142 Gower Street, St. John's, Newfoundland & Labrador A1C 1P3

Listed for:
$779,000
0 beds
0 baths
Listed 31 days ago
Multi-Family for rent: 140-142 Gower Street, St. John's, Newfoundland & Labrador A1C 1P3

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Learn more about this property
Listing provided by:
Atlantic Team Realty Incorporated
MLS® number:
1282109
Agent:
Tiffany St. Aubin
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About

Why should you invest in 140-142 Gower Street? This exceptional downtown St. John’s property offers a rare combination of historic charm, modern functionality, and incredible income potential. With four occupied rental units already generating revenue and a fifth unit ready to be developed, this is a turnkey investment with built-in growth opportunities. Located in one of the city’s most sought-after neighborhoods, tenants will love being surrounded by boutique cafés, top-rated restaurants, and a lively nightlife scene. 140 Gower Street features three distinct apartments: a cozy 1-bedroom, 1-bathroom studio on the ground level, a spacious 2-bedroom, 1-bathroom unit on the second level, and a unique 3-bedroom, 1.5-bathroom apartment spanning both 140 and 142 Gower Street, offering elevated city living. 142 Gower Street boasts a bright and inviting 2-bedroom main unit, complete with a massive eat-in kitchen perfect for entertaining or expanding dining space. At the rear of the property, the groundwork has already been completed for a fifth unit. With a roughed-in bathroom and kitchen, this space is primed for development, offering a straightforward opportunity to increase rental income. With minimal effort, this unfinished unit can be transformed into a fully functional rental, making it an ideal addition to an already revenue-generating property. Whether you're looking for a solid long-term investment, a multi-generational living space, or a property with exciting renovation potential, this versatile opportunity delivers. Don’t miss your chance to own a piece of downtown St. John’s—schedule your viewing today! (id:27476)

Property Highlights

MLS® Number
1282109
Type
Single Family
Ownership Type
Freehold
Land Size
40x75|under 1/2 acre

Building

Building Type
Multi-Family
Exterior Finish
Other
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location