64 St. John Street, Saint John, New Brunswick

$300,000

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0.11

Acres

About 64 St. John Street

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:36535)

Features of 64 St. John Street

Listing # NB111041
Price $300,000
Bathrooms 0.00
Acres 0.11
Type Multi-family
Sub-Type Freehold

Community Information

Address 64 St. John Street
City Saint John
Province New Brunswick
Postal Code E2M1S6

Amenities

Features Level lot, Sloping
Is Waterfront No
Has Pool No

Interior

Heating Electric Baseboard heaters
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Cedar shingles, Vinyl
Exterior Features Partially landscaped
Foundation Concrete, Stone

Listing Details

OfficeCourtesy Of Tim Somerville and Brittany Cramm Of ROYAL LEPAGE ATLANTIC

Listing Map