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6-8 Cabot Street photo 11 / 14

MLS #1299490

6-8 Cabot Street

St. John's

$329,900

5 Beds
3 Baths
2,169 sqft
Multi-family
Source Listing

Property Details

UNIQUE OPPORTUNITY in Downtown St. John's! This registered 3 Unit, detached home with off-street parking is waiting for a makeover! The opportunities are endless here. Three rental suites, Airbnb Units, or live in one unit and offset your mortgage with two other rental incomes, centrally located just seconds to the Downtown core, shopping, restaurants & everything the city has to offer! With rare 2 car off-street parking, or opportunity for more development is possible, subject to City approval. The main floor features an open living area, eat-in kitchen, full bathroom & two bedrooms, and the two top floor units feature full living rooms, kitchens with the third floor unit having amazing views of the Narrows! This property is in need of some TLC, but with the right vision in mind, this will be an amazing finished product! As per the Sellers Direction there will be no conveyance of offers until 12pm on June 30th 2026 and offers are to remain open for consideration until 5pm that same day. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$329,900
Down Payment - 5%$16,495
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$2,612

Mortgage Payment
$1,878
Property Tax
$234
Insurance
$150
Utilities
$350
Down Payment
$16,495
Loan Amount
$313,405
Total Interest
$250,017

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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