$250,000

51 Melrose Street
Saint John, New Brunswick E2j1e2
MLS® Number: NB077046

Welcome to 51 Melrose street! This spacious 2-family has had extensive renovations and is located close to many amenities. This duplex is ideal for investment or for someone looking to live in one unit and renting the other to cover expenses. This property shows very well and has plenty of off-street parking. The 2 bedroom unit is currently rented at 1200/mth unheated , the 3 bedroom unit could rent for approximately $1500. Approx. total rental income- $32,400. Approx. expenses- Insurance $1500, water/sewer-$2856, electricity-$350. Approx. total expenses $8304. Approx. net income - $23,096. This 2 family offers plenty of natural light, is great for in-family living and 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 1800 sqft
  • Built In N/A
  • Exterior Finish Vinyl
  • Heating Electric Baseboard heaters
  • Title N/A
  • Rental Equipment Water Heater
  • Basement Type N/A
  • Parking Type Garage
  • Features N/A
  • Flooring Laminate
  • Type Duplex

Land Properties

  • Lot Size 7492 sqft
  • Access Type Year-round access
  • Water Municipal water
  • Features Landscaped
  • Sewer Municipal sewage system

Property Map