259 Princess Street

Saint John, NB, E2L1L4

Listed by Royal LePage Atlantic

$650,000

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  • 4000 sq ft

Listed 153 days ago · MLS® NB140012

About this home

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:66966)

Details

Type
Multi-family
Size
4000 sq ft
Basement
Full
Property tax
$10,665
Municipality
Saint John

Interior

Fireplace
No
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring
Hardwood, Carpeted, Ceramic, Vinyl

Heating, cooling and services

Heating
Baseboard heaters, Electric, Natural gas, Hot Water
Water and sewer
Municipal sewage system

Building and exterior

Foundation
Stone, Concrete
Outdoor
Brick, Stucco

Location

Location is approximate. See nearby homes on the map

Listed by Royal LePage Atlantic.

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