64-74 Spring Street, Saint John, New Brunswick, E2K3X5
Welcome to 64-74 Spring Street! This is a fantastic investment package that consists of 2-3 family units with 4 new owned heat pumps and a vacant lot used for parking (up to 8 spaces). With extensive renovations, this turn-key opportunity offers 4-3 bdrms units ($2050, $1975, $1650 and $1600), 1-1 bdrm ($1000) and 1-2brm ($1200). Total rental income- 113,700 (owner unit could be rented higher). Quality throughout, 4 units offer 2 full bathrooms, solid number and is in pristine condition. Expenses are: Insurance - $5000, water/sewer - $1600, electricity $6000, taxes - $3436 and internet $5000. Total expenses $21,036. Approx. net income $92,664. All units could pay there own heat and lights. (Currently only one pays there own heat and lights) 2 sheds to remain. This is a rare find and is well worth a look (id:2471)
- Property Address: 64-74 Spring Street, Saint John, New Brunswick, E2K3X5
- Property Type: Multi-family
- Title: Freehold
- Lot Size: 13918
- Acreage: 13918 sqft
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Access: Year-round access
- Storeys: 2.5
- Total Finished Area: 5300 sqft
- Basement Type: Crawl space
- Heating Type: Electric, Baseboard heaters
- Exterior Type: Metal
- Flooring: Ceramic, Vinyl
- Appliances Included: Refrigerator, Stove, Washer, Dishwasher, Dryer
- Structures: Shed
- Level lot
Listing Offices: ROYAL LEPAGE ATLANTIC
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