3 Blackmarsh Road
St. John's, Newfoundland & Labrador
MLS® 1298882
$649,500
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 1298882
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1975
1 / 2Listing description
Prime mixed-use property offering immediate cash flow and future upside. the upper level features a spacious 3 bedroom apartment, while approximately 2,000 sq ft of additional upper-level space presents an excellent opportunity for further development, expansion, or the creation of additional rental units (subject to city approval) The main floor is currently leased to a commercial tenant with 3 years remaining on the lease, providing stable and predictable income from day one. Ideal for investors, developers, or business owners seeking a high-visibility property with multiple revenue streams and significant value-add potential.
A rare opportunity to acquire a property that combines secure commercial tenancy with residential development possibilities.
Property summary
- MLS® number
- 1298882
- Property type
- Multi-family
- Building type
- Other
- Square footage
- 3,400 sq ft
- Title
- Freehold
- Land size
- 50ft x 100ft
- Built in
- 1975
- Annual property taxes
- $8,473.00
- Days on market
- 93 days
Features & details
- Heating
- Electric, Mini-Split
- Flooring
- Mixed Flooring
- Exterior features
- Brick
What would this home cost you?
Based on the $649,500 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of HomeLife Experts Realty Inc., Mount Pearl.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.