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259 Princess Street Saint John, New Brunswick E2L 1L4

4000 sqft
Baseboard Heaters, Hot Water

$650,000

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)

Property Details

MLS® Number NB140012
Property Type Multi-family
EquipmentType None
RentalEquipmentType None

Building

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

Land

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

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Tim Somerville
Salesperson


Royal LePage Atlantic
71 Paradise Row
Saint John, New Brunswick E2K 3H6

Brittany Cramm
Salesperson


Royal LePage Atlantic
71 Paradise Row
Saint John, New Brunswick E2K 3H6

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