REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 300,000
Est. payment /mo
Price Dropped by $25K
64 St. John Street Saint John, NB E2M1S6
5,005 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB111041
Originating Board New Brunswick Real Estate Board
Lot Size 5,005 Sqft
Acres 5005.0
Property Sub-Type Freehold
Property Description
Welcome to 64 St. John Street! This spacious three-unit property is an excellent opportunity for investors. Each tenant pays their own heat and electricity, and the property boasts generously sized units with a very low vacancy rate. Conveniently located near the highway and various amenities, this building offers both practicality and potential. Recent renovations have been completed, and the numbers speak for themselves: the property includes two 2-bedroom units and one 3-bedroom unit. The rental income is as follows: $725 and 2 units at $1,145, for a total annual rental income of approximately $36,180. The estimated expenses are: Insurance: $1,390, Property taxes: $3,391, Water and sewer: $2,291, Electricity: $520. This totals approximately $7,588 in annual expenses, leaving an estimated net income of $28,592. This property is well worth a closer lookdont miss this fantastic investment opportunity! (id:24570)
Location
Province NB
Interior
Heating Baseboard heaters,
Flooring Laminate
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Lot Description Partially landscaped
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by ROYAL LEPAGE ATLANTIC