Welcome to 59 Mclaughlin Crescent! This spacious 4-family is located east, close to many amenities, near the bus route and has electric heat. Priced just below assessed value, 3 of the units pay their own heat/lights, there is plenty of off-street parking and has very low vacancy. Rent are $850, $700 and $1450. Unit 3 in $1000 heat and lights included. Total rental income: $48,000. Approx. expenses: insurance-$2319, taxes-$7648, water/sewer-$2500 and electricity-$7875. Approx. total expenses-$20,342. Approx. net income: $27,658. This 4-family is a good investment property that is well worth a look! (id:55272)
MLS® Number | NB115864 |
Property Type | Multi-family |
Neigbourhood | Westmorland Heights |
Features | Level Lot, Sloping |
Appliances | Refrigerator, Stove |
ExteriorFinish | Vinyl |
FlooringType | Carpeted, Laminate |
FoundationType | Concrete |
HeatingFuel | Electric |
HeatingType | Baseboard Heaters |
TotalFinishedArea | 2200 Sqft |
Type | Fourplex |
UtilityWater | Municipal Water |
AccessType | Year-round Access |
Acreage | No |
LandscapeFeatures | Landscaped |
Sewer | Municipal Sewage System |
SizeIrregular | 9688 |
SizeTotal | 9688 Sqft |
SizeTotalText | 9688 Sqft |
https://www.realtor.ca/real-estate/28137814/59-mclaughlin-crescent-saint-john
Contact us for more information
Tim Somerville
Salesperson
Brittany Donnelly
Salesperson