$650,000

259 Princess Street
Saint John, New Brunswick E2l1l4
MLS® Number: NB140012

  • 4000 sqft sq ft

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:34572)


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Property Summary

  • Bedrooms N/A
  • Bathrooms N/A
  • Architectural Style N/A
  • Property Type Multi-family
  • Square Footage 4000 sqft
  • Total Finished Area 4000 sqft
  • Built In N/A
  • Exterior Finish Brick, Stucco
  • Heating Electric, Natural gas Baseboard heaters, Hot Water
  • Title N/A
  • Rental Equipment None
  • Basement Type Full
  • Parking Type Garage
  • Features N/A
  • Flooring Carpeted, Ceramic, Vinyl, Hardwood
  • Type N/A

Land Properties

  • Lot Size 4090 sqft
  • Access Type Year-round access, Public Road
  • Water Municipal water
  • Features N/A
  • Sewer Municipal sewage system

Property Map