Property Details

35 Margaret Street, Saint John, New Brunswick

35 Margaret Street, Saint John, New Brunswick (ID NB073909)
Listing Representative
Tim Somerville portrait
Tim Somerville
Sales Representative
Royal LePage Atlantic Brokerage - Rothesay
Cell: 506-333-6331
Tel: 506-693-6331

$384,500 - For Sale

ID#:NB073909

Welcome to 35 Margaret Street! This spacious 4-family is well maintained, has off-street parking, nice backyard, good-size units and is located close to the mall. This building has very low vacancy, has had many recent updates, has coin-operated laundry and is a great solid investment building. Total rental income $42,900 & laundry income $963. Total income $43,863. Approx. expenses- Insurance-$1186, water/sewer- $1220, electricity- $2768, Heat $3613 and Taxes $5102. Approx. total expenses - $13,889 APPROX. NET INCOME- $29,974. Rents are $800, $825, $950, and $1000. PROPERTY HAS BEEN REZONED TO MEET ALL ZONING REQUIRESMENTS. This is a great investment building that is well worth a look!

Property Details
  • Property Address:35 Margaret Street, Saint John, New Brunswick
  • Property Type:Multi Family
  • Taxes:$5,102 (2022)
Structure Details for 35 Margaret Street, Saint John, New Brunswick
  • Structure Type:Fourplex
  • Floor Space:2300 SqFt
  • Exterior Type:Vinyl Siding
Listing Representative for 35 Margaret Street, Saint John, New Brunswick
Tim Somerville portrait
Tim Somerville
Sales Representative
Royal LePage Atlantic Brokerage - Rothesay
Cell: 506-333-6331
Tel: 506-693-6331
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35 Margaret Street, Saint John, New Brunswick

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