259 Princess StreetSaint John, NB E2L 1L4
Description
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:31684)
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Stories
- 2
- Living area
- 4,000 Sq Ft
- Lot size
- 4,090 Sq Ft
- Lot dimensions
- 4090
- Ownership
- Freehold
- Listing #
- NB140012
Property Features
- Appliances
- Cooktop · Washer · Refrigerator · Dishwasher · Dryer
- Heating
- Baseboard · Electric · Natural Gas · Hot Water
- Flooring
- Carpet · Ceramic Tile · Hardwood · Vinyl
- Basement
- Full
- Construction
- Brick · Stucco
- Foundation
- Stone
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- Annual taxes
- $10,665
- Parcel number
- 8672
Directions
Between Wentworth St and Pitt St
Listing Courtesy: Royal LePage Atlantic
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