3 Blackmarsh Road
St. John's, NL A1E1S2
$649,500
MLS® 1298882
- 3Bedrooms
- 1Bathrooms
- 3,400 sq ftLiving area
- 50ft x 100ftLot
- 1975Built
- 100 daysOn market
About this home
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:67337)
Listed Jun 16, 2026
Details
Property
- Property type
- Multi-family
- Building type
- Other
- Ownership
- Freehold
- Zoning
- R2
- Attached
- No
Interior
- Heating
- Electric, Mini-Split
- Flooring
- Mixed Flooring
Exterior
- Exterior
- Brick
- Roof
- Torch on Roof
- Foundation
- Concrete
Land & utilities
- Lot size
- 50ft x 100ft
- Water
- Municipal water
- Sewer
- Municipal sewage system
Costs
- List price
- $649,500
- Property tax
- $8,473 / year (2026)
- Price per sq ft
- $191
Rooms 1
Second level
- Not known1000sq ft
Room sizes are as provided by the listing brokerage, usually in feet.
Location
Open in Google MapsMortgage estimate
An estimate only: principal and interest, compounded semi-annually as Canadian mortgages are. Less than 20% down usually adds CMHC insurance. Rates here are examples, not offers.
Listed by HomeLife Experts Realty Inc.
Listing data from the Newfoundland & Labrador Association of REALTORS®, supplied through CREA’s DDF®.
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