179 Britain Street Active Save Request In-Person Tour Request Virtual Tour
Saint John,NB E2L1X7
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS Listing ID NB110961
Lot Size 4,143 Sqft
Property Sub-Type Freehold
Property Description
Welcome to 179 Britain Street! This spacious 4-unit property is nestled in the heart of Uptown Saint John's vibrant peninsula and offers approximately 3,000 square feet of living space. With off-street parking and a prime location, this property is close to everything Uptown has to offer, making it a fantastic investment opportunity. Uptown Saint John is known for its walkable streets, unique architecture, and central location, providing easy access to the rest of the city. The neighborhood boasts an exciting array of restaurants, cafes, markets and pubs and entertainment. This property currently has a very low vacancy rate and is fully occupied, generating consistent rental income. Current Rents: $700, $700, $995, and $1,500 Total Rental Income: $46,740 annually. Approximate Expenses: Insurance: $2,010 Heat: $4,660 Water/Sewer: $4,017 Electricity: $4,655 Taxes: $5,519 Approximate Total Expenses: $20,861 Approximate Net Income: $25,876 This solid investment property is well worth a look for anyone seeking steady income in an unbeatable location. *Please note that rent increase notices have been sent out for March for 3/4 units - $700-->$805, $700-->$805, $995-->$1144* (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Hot Water
Flooring Laminate
Exterior
Parking Features No
View Y/N No
Building
Story 3
Sewer Municipal sewage system