$395,000

35 Margaret Street
Saint John, New Brunswick E2j2m7
MLS® Number: NB073909

Welcome to 35 Margaret Street! This spacious 4-family is well maintained, has off-street parking, nice backyard, good-size units and is located close to the mall. This building has very low vacancy, has had many recent updates, coin-operated laundry and is a great solid investment building. Total rental income $42,900 & laundry income $963. Total income $43,863. Approx. expenses- Insurance-$1186, water/sewer- $1220, electricity- $2768, Heat $3613 and Taxes $5102. Approx. total expenses - $29,974. Rents are $800, $825, $950, and $1000. Vendor has gone thru the process to have the property properly rezoned. This is a great investment building that is well worth a look! (id:34572)


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Property Summary

  • Bedrooms N/A
  • Bathrooms N/A
  • Architectural Style N/A
  • Property Type Multi-family
  • Square Footage N/A
  • Total Finished Area 2300 sqft
  • Built In 1951
  • Exterior Finish Vinyl
  • Heating Oil Hot Water
  • Title N/A
  • Rental Equipment Water Heater
  • Basement Type Full (Finished)
  • Parking Type Garage
  • Features N/A
  • Flooring Ceramic, Laminate
  • Type Fourplex

Land Properties

  • Lot Size 5253 sqft
  • Access Type Year-round access
  • Water Municipal water
  • Features Landscaped
  • Sewer Municipal sewage system

Property Map