Property Details
64-74 Spring Street, Saint John, New Brunswick, Canada
Welcome to 64-74 Spring Street! This is a fantastic investment package that consists of 2-3 family units with 4 new owned heat pumps and a vacant lot used for parking (up to 8 spaces). With extensive renovations, this turn-key opportunity offers 4-3 bdrms units ($1500, 2@ $2050 and $1950), 1-1 bdrm ($1150) and 1-2brm ($1500). Total rental income- 122,400 ( owner unit could be rented higher). Quality throughout, 4 units offer 2 full bathrooms, solid number and is in pristine condition. Expenses are: Insurance - $5000, water/sewer - $1600, electricity $6000, taxes - $3436 and internet $5000. Total expenses $21,036. Approx. net income 101,364. All units could pay there own heat and lights. (Currently only one pays there own heat and lights) 2 sheds to remain. This is a rare find and is well worth a look
Royal LePage Atlantic Brokerage - Rothesay
- 506-333-6331
- 506-693-6331
- 506-657-6334
- tsomerville@royallepage.ca
- Property Address: 64-74 Spring Street, Saint John, New Brunswick, Canada
- Property Type: Multi Family
- Taxes: $3,436 (2023)
- Structure Type: 5 - 8 Units
- Square Footage: 5300 SqFt
- Exterior Type: Metal
This website is operated by a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.
We may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.
