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Home NL Greater St. John's St. John's Downtown St. John's
140-142 Gower Street
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140-142 Gower Street $779,000
$779,000
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140-142 Gower Street
St. John's, Newfoundland & Labrador A1C1P3

MLS® Number: 1282109

Listing Description

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! (29245470)

Property Summary

Property Type
Single Family
Building Type
Multi-Family
Title
Freehold
Land Size
40x75|under 1/2 acre
Built in
1925
Annual Property Taxes
$3,619
Time on REALTOR.ca
20 days

Building

Interior Features
Appliances Included
Refrigerator, Stove, Washer, Dryer
Flooring
Carpeted, Hardwood, Laminate, Mixed Flooring
Building Features
Style
Attached
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Other

Land

Lot Features
Fencing
Partially fenced
Other Property Information
Zoning Description
Residential
Data provided by: Newfoundland & Labrador Association of REALTORS® 28 Logy Bay Road, St John's, Newfoundland & Labrador A1A 1J4

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