$650,000
259 Princess Street
Saint John, New Brunswick, E2L1L4
- Multi-family
- 4,000 sq ft
Listing brokerage: Royal LePage Atlantic · Co-listing brokerage: Royal LePage Atlantic
Listing REALTOR®: Tim Somerville, Salesperson · Brittany Cramm
MLS® number: NB140012
Data provided by: New Brunswick
About this property
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:67706)
Details
- Property type
- Multi-family
- Ownership
- Freehold
- Units
- 6
- Living area
- 4,000 sq ft
- Lot size
- 4090
- Storeys
- 2
- Heating
- Baseboard heaters, Electric, Natural gas, Hot Water
- Basement
- Full
- Foundation
- Stone, Concrete
- Exterior
- Brick, Stucco
- Flooring
- Hardwood, Carpeted, Ceramic, Vinyl
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Annual taxes
- $10,665
- MLS® number
- NB140012
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