
MLS #1298211
57 Blackler Avenue
St. John's
- Property Type
- Multi-family
- Listing Agent
- Austin Bixby
- Brokerage
- RE/MAX Infinity Realty Inc.
1 / 2Property Details
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. (id:66441)
Cost To Own
Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.
Amortization
Estimated Monthly Cost
$4,580
Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.
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