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:55272)
| MLS® Number | NB140012 |
| Property Type | Multi-family |
| EquipmentType | None |
| RentalEquipmentType | None |
| Appliances | Refrigerator, Stove, Washer, Dishwasher, Dryer |
| BasementType | Full |
| ExteriorFinish | Brick, Stucco |
| FlooringType | Carpeted, Ceramic, Vinyl, Hardwood |
| FoundationType | Concrete, Stone |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Baseboard Heaters, Hot Water |
| StoriesTotal | 2 |
| SizeInterior | 4000 Sqft |
| TotalFinishedArea | 4000 Sqft |
| UtilityWater | Municipal Water |
| AccessType | Year-round Access, Public Road |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeIrregular | 4090 |
| SizeTotal | 4090 Sqft |
| SizeTotalText | 4090 Sqft |
https://www.realtor.ca/real-estate/29786005/259-princess-street-saint-john
Contact us for more information
Tim Somerville
Salesperson
Brittany Cramm
Salesperson