342 Duke Street, Saint John

$279,900

0 Beds
0 Baths
0 Sqft
.07 Acres

This well-maintained 3-unit property, owned and cared for by the same owner for decades, presents significant investment potential. The main building features two 2-bedroom, 1-bathroom apartments above a large, vacant space with washroom facilities, previously used as a convenience store. Additionally, there is a two-level, 2-bedroom (non-conforming), 1-bathroom apartment attached to the side of the building. Building has 4 meters. The basement is an impressive space, offering ample storage and a potential office area, and its clean and dry condition further attests to the buildings meticulous upkeep. The modified membrane roof, replaced approximately ten years ago, appears to be in excellent condition. Each upper unit has its own heat pump, with an oil heating system as backup, though it hasnt been used in 2-3 years. Addition unit is heated by baseboard electric. All units are equipped with washer/dryer hookups. The buildings solid structure offers a strong foundation for upgrades. Current rents are well below market value at $500 and $600 for the upper units, and $500 for the apartment addition, with tenants responsible for utilities. Annual income: $19200, Water/Sewage $1286, Taxes $4,731. All measurements and information to be verified by the buyer. (id:6289)

Essential Information
Listing #NB105249
Price$279,900
Bathrooms0.00
Acres0.07
TypeMulti-family
Community Information
Address342 Duke Street
CitySaint John
ProvinceNew Brunswick
Postal CodeE2M2C6
Interior
AppliancesRefrigerator, Stove
CoolingHeat Pump
Heating

Electric, Oil Baseboard heaters, Heat Pump

Exterior
ExteriorColour Loc, Wood shingles
FoundationConcrete
Listing Details
OfficeKELLER WILLIAMS CAPITAL REALTY

Get directions to this property:

Properties for Sale Similar to 342 Duke Street, Saint John, New Brunswick

Photo of Listing #NB106771

170 St. John Street, Saint John

$294,900

MLS® # NB106771

EXP Realty
Photo of Listing #NB104362

114 Guilford Street, Saint John

$219,900

MLS® # NB104362

EXP Realty

Sign up for email updates