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Listed by RE/MAX Realty Specialists

$799,000

Est. payment - /mo

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1302381

Style Attached,4 Storey

Year Built 2009

Annual Tax Amount $4,080

Tax Year 2026

Property Sub-Type Multi Family

Source NLAR

Property Description

Steeped in rich history, 148 Gower Street stands in the heart of downtown St. John's. Originally in the path of The Great Fire of 1892, it rose from the ashes to become a bustling mid-century Grocery & Meat Market under Ralph H. Mercer, and later, the beloved antique store, The Curiosity Shop. In 2009, this iconic property was completely rebuilt from the foundation up, blending its historical legacy with modern concrete peace of mind and premium rental appeal.The Ultimate Layout: The spectacular penthouse could be yours to live in, while you rent out the other two premium units below to cover your mortgage and build effortless equity.Prime Airbnb Location: Boasting a rare walk score, guests are steps from world-class restaurants, the Summertime Pedestrian Mall, and iconic George Street.Spanning 5 impressive floors, this rare property features 3 fully furnished rental units:• The Penthouse Suite: A breathtaking 2-bedroom crown jewel across two private floors. Live in luxury, out on your Juliet balcony facing Prescott Street, or watch ships roll in through large windows framing panoramic St. John's Harbour and city views.• The Middle Tier Suite: A sleek, bright 1-bedroom executive layout optimized for high-end corporate or short-term rentals.• The Ground Floor Suite: An impressive 1-bedroom unit featuring an expansive, fully developed basement layout.Maximum Efficiency: Each unit features its own separate electrical panel and separate laundry. Tenants pay their own utilities, keeping landlord overhead low and eliminating utility disputes.Turnkey & Low Overhead: Every unit comes fully furnished with kitchens fully equipped down to the cookware, dishes, and utensils. Ready for immediate Airbnb listing from day one. Live in the penthouse and let the building pay for itself!

Location

Province NL

Zoning RES

Interior

Heating Baseboard, Electric

Cooling Baseboard, Electric

Equipment None

Exterior

Exterior Feature Clapboard, Pine

Roof Type Other

Building

Story 4

Foundation Fully Developed, Poured Concrete

Sewer Municipal

Water Municipal

Others

Virtual Tour https://drive.google.com/drive/folders/1NL_LZaG8bNWyfp5FpC-BglQulWqip8J3?usp=sharing

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Allison Best

+1(709) 690-2310