59 Mclaughlin Crescent Saint John, New Brunswick E2L 2J9
$347,500
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 increases will be Effective Nov 1st, 2025: $700 --> $720, $1450 --> $1490, $1000 --> $1030 The final unit remains at $850 - Total rental income: $49,080. Approx. expenses: insurance-$2319, taxes-$7648, water/sewer-$2500 and electricity-$7875. Approx. total expenses-$20,342. Approx. net income: $28,738. This 4-family is a good investment property that is well worth a look! (id:55272)
Property Details
| MLS® Number | NB115864 |
| Property Type | Multi-family |
| Neigbourhood | Westmorland Heights |
| Features | Level Lot, Sloping |
Building
| Appliances | Refrigerator, Stove |
| ExteriorFinish | Vinyl |
| FlooringType | Carpeted, Laminate |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| TotalFinishedArea | 2200 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Land
| 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
Interested?
Contact us for more information
Tim Somerville
Salesperson
71 Paradise Row
Saint John, New Brunswick E2K 3H6
Brittany Donnelly
Salesperson
71 Paradise Row
Saint John, New Brunswick E2K 3H6
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May 02 2025 12:50:58
Saint John Real Estate Board Inc
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