64 St. John Street, Saint John

$300,000

0 Beds
0 Baths
0 Sqft
.11 Acres

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:6289)

Essential Information
Listing #NB111041
Price$300,000
Bathrooms0.00
Acres0.11
TypeMulti-family
Sub-TypeFreehold
Community Information
Address64 St. John Street
CitySaint John
ProvinceNew Brunswick
Postal CodeE2M1S6
Amenities
FeaturesLevel lot, Sloping
Interior
HeatingElectric Baseboard heaters
# of Stories3
Exterior
ExteriorCedar shingles, Vinyl
Exterior FeaturesPartially landscaped
FoundationConcrete, Stone
Listing Details
OfficeROYAL LEPAGE ATLANTIC

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