389 Duke Street
Saint John, New Brunswick E2m1v4
MLS® Number: NB088125
Welcome to 389 Duke Street West! This 4 family offers a solid buildings with some off-street parking. Heated with electric baseboard, this is a solid property that is close to amenities. This building has a nice backyard and has some long-term tenants. Rents are $600(bachelor). $650 (1-bdrm), $750 (2-bdrm) and $770 (2-bdrm). Total rental income $33,240. Approximate expenses water/sewer - $2218, water heater rental - $831, taxes - $3824 and insurance- $ 1400. Approx. total expenses - $8273. Approx. net income $24,967. Rents will be increased to $643 (bachelor), $697 (1-bdrm), $804 (2-bdrm) and $826 (2-bdrm) as of Jan 1/24. Total rental income will be $35,640. This is a great investment building that is well worth a look! (id:34572)
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