259 Princess Street, Saint John, New Brunswick E2L1L4

Listing courtesy of Royal LePage Atlantic.

$650,000
4,000
SqFt

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List Price
$650,000
MLS®
NB140012
Days on Market
79
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Living Area
4,000
Lot Size Dimensions
4090
Lot Size
4,090

Property Description

Welcome to 259 Princess Street! Located in uptown Saint John, this 6-unit building has had some updates but is still in need of some updates. This brick investment building offers 5- 1 bedroom units and 1 - 2 bedroom unit. Heated mostly with natural gas, this property offers plenty of character, high ceilings and a common laundry room. This property is walking distance to everything uptown and has the ability to be a great investment property to add to your portfolio. Rents are: $1,200, $1,350, $1,400, $1,450, $1,450 and $1,500. Total rental income = $100,200. Approximate expenses are: taxes - $10,665, insurance - $5,468, water/sewer - $2,164, electricity - $787, and heat - $11,002. Approximate total expenses = $30,086. Approximate net income - $70,114.00 (id:5764)

Additional Information

Ownership
Freehold
Country
Canada
Flooring
Hardwood, Carpeted, Ceramic, Vinyl
Sewer
Municipal sewage system
Heating
Baseboard heaters, Electric, Natural gas, Hot Water
Total Number Of Units
6
Stories
2
Lot Size
4,090

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Calculator source: Real Geeks