Property Details
64 St. John Street, Saint John, New Brunswick, E2M1S6
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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)

Royal LePage Atlantic Brokerage - Rothesay
- 506-333-6331
- 506-693-6331
- 506-657-6334
- tsomerville@royallepage.ca
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- 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 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
- Level lot
- Sloping
- Partially landscaped
Listing Offices: ROYAL LEPAGE ATLANTIC
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