Property Details

64 St. John Street, Saint John, New Brunswick, E2M1S6

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For sale, ID#: NB111041
64 St. John Street
Saint John New Brunswick
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$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:2471)

Representatives
Team Somerville
Team Somerville REALTORS®
Royal LePage Atlantic Brokerage - Rothesay
Property Details
  • Property Address: 64 St. John Street, Saint John, New Brunswick, E2M1S6
  • Property Type: Multi-family
  • Title: Freehold
  • Lot Size: 5005
  • Acreage: 5005 sqft
  • Sewage Type: Municipal sewage system
  • Water Type: Municipal water
  • Access: Year-round access
Structure Details
  • Structure Style: Triplex
  • Storeys: 3
  • Total Finished Area: 2400 sqft
  • Basement Type: Crawl space
  • Heating Type: Electric, Baseboard heaters
  • Exterior Type: Cedar shingles, Vinyl
  • Flooring: Laminate
  • Foundation Type: Concrete, Stone
Amenities / Features
  • Level lot
  • Sloping
  • Partially landscaped
Neighbourhood Information

Listing Offices: ROYAL LEPAGE ATLANTIC

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64 St. John Street, Saint John, New Brunswick, E2M1S6

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