Swipe photos or tap to open fullscreen gallery.
For Sale
$650,000
MLS® NB140012
259 Princess Street
Saint John, New Brunswick, E2L1L4
- Interior
- 4,000 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Lot size
- 4090 square feet
- Ownership
- Freehold
Property facts
- Interior
- 4,000 sqft
- Property type
- Multi-family
- Building
- Multi-family
- Transaction
- For Sale
- Lot size
- 4090 square feet
- Ownership
- Freehold
About this property
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:53361)