389 Duke Street
Saint John, New Brunswick E2m1v4
MLS Number: NB051848
Welcome to 389 Duke Street West! This 4 family offers a solid building, some off street parking, electric baseboard heat, close to may amenities and has a nice backyard. This investment building has long term tenants, is located on the bus route. Rents are: $405-bachelor, $545 -1bedroom heat/lights incl, $580- 2 bedroom, and $595- 2 bedroom. Total rental income- $25500. Expenses are: Electricity- $1781, Insurance- $1272, Water/Sewage- $3549 and taxes- $3520. Total expenses- $10,122, approx. net income- $15,378. This is a good investment property that has room to increase rents. Well worth a look! (id:34572)