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  • Price$600,000
  • Acres0.24

22 Mecklenburg Street, Saint John

Welcome to Uptown living! This 9-unit is a great investment property that consists of 4-1 bedroom units, 4-2 bedroom units and 1-3 bedroom unit. Plenty of off-street parking, garage, fantastic location and has had many updates through recent years. Rents are low but could easily be higher. Rents are: 2 @ $690, $710, 2 @ $750, $775, 2 @ $860 and $1125. Total rental Income income- $86, 280. Expenses are: Water/sewer- $9288, taxes- $9033, heat-$20,353, snow/garbage- $2016 and insurance- $1700. Approx total expenses- $47, 765, Approx net income- $38,515. Solid building in Uptown Saint John that is worth a look! (id:6289)

Essential Information

  • Listing #NB036499
  • Price$600,000
  • Bathrooms0.00
  • Acres0.24
  • TypeMulti-family
  • Sub-TypeFreehold

Amenities

  • FeaturesLevel lot, Sloping

Exterior

  • ExteriorBrick
  • Exterior FeaturesLandscaped
  • RoofTar & gravel
  • FoundationConcrete

Community Information

  • Address22 Mecklenburg Street
  • CitySaint John
  • ProvinceNew Brunswick
  • Postal CodeE2L1P6

Interior

  • HeatingNatural gas
  • # of Stories3

Listing Details

  • Listing OfficeROYAL LEPAGE ATLANTIC (S105)
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