64 St. John Street Saint John, New Brunswick E2M 1S6
$300,000
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:58209)
Property Details
| MLS® Number | NB111041 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Features | Level Lot, Sloping |
| Rental Equipment Type | Water Heater |
Building
| Basement Type | Crawl Space |
| Exterior Finish | Cedar Shingles, Vinyl |
| Fireplace Present | No |
| Flooring Type | Laminate |
| Foundation Type | Concrete, Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Total Finished Area | 2400 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Landscape Features | Partially Landscaped |
| Sewer | Municipal Sewage System |
| Size Irregular | 5005 |
| Size Total | 5005 Sqft |
| Size Total Text | 5005 Sqft |
https://www.realtor.ca/real-estate/27785350/64-st-john-street-saint-john
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Saint John Real Estate Board Inc
Royal LePage Atlantic
January 16 2025 06:13:01
