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259 Princess Street, Saint John
For Sale · Multifamily

259 Princess Street, Saint John

259 Princess Street, Saint John

For Sale

Property details

Building area
4,000 sq ft
Lot size
4,090 sq ft
Units
6
Annual taxes
$10,665/yr

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

Location

259 Princess Street, Saint John

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Listing courtesy of Royal LePage Atlantic. Data via Saint John REALTOR® board.

Listing courtesy of Royal LePage Atlantic, Saint John board. Data provided under the NB REALTOR® RETS agreement.