Buying or Selling your House in Western Newfoundland and Labrador

140-142 Gower Street NEW

St. John's, Newfoundland & Labrador

$779,000

Quick Summary

Location
St. John's, Newfoundland & Labrador
Price
$779,000
Building Type
Multi-Family
Property Type
Single Family
Status
For sale
Area
n/a
Beds
0
Baths
n/a
Age
n/a
Postal Code
A1C 1P3
MLS®
1285103
Courtesy Of
Atlantic Team Realty Incorporated
Database ID:54424 DDF Feed ID: 28334131 Latitude: 47.567434 Longitude: -52.706447

Property 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! (id:47053)

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Building Information

  • Building Type: Multi-Family
  • Baseboard heaters
  • Electric Heat
  • Other
  • Flooring: Carpeted, Hardwood, Laminate, Mixed Flooring
  • Municipal water

Full Details

MLS® Number:1285103
Ownership Type:Freehold
Price:$779,000
Property Type:Single Family
Transaction Type:For Sale
Zoning Description:Residential
More Information Link: https://www.realtor.ca/real-estate/28334131/140-142-gower-street-st-johns

Size Total Text:40x75|under 1/2 acre
Fence Type:Partially fenced
Sewer:Municipal sewage system
Size Irregular:40x75

Bedrooms Above Ground:0
Bedrooms Total:0
Appliances:Refrigerator, Stove, Washer, Dryer
Constructed Date:1925
Exterior Finish:Other
Flooring Type:Carpeted, Hardwood, Laminate, Mixed Flooring
Heating Fuel:Electric
Heating Type:Baseboard heaters
Type:Multi-Family
Utility Water:Municipal water
Listing information last updated on 2025-05-20 11:12:47 -0230
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