140-142 Gower Street St. John's, Newfoundland & Labrador A1C 1P3

$779,000

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:55727)

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