Welcome to 35 Margaret Street! This spacious 4-family is well maintained, has off-street parking, nice backyard, good-size units and is located close to the mall. This building has very low vacancy, has had many recent updates, has coin-operated laundry and is a great solid investment building. Total rental income $42,900 & laundry income $963. Total income $43,863. Approx. expenses- Insurance-$1186, water/sewer- $1220, electricity- $2768, Heat $3613 and Taxes $5102. Approx. total expenses - $13,889 APPROX. NET INCOME- $29,974. Rents are $800, $825, $950, and $1100. PROPERTY HAS BEEN REZONED TO MEET ALL ZONING REQUIRESMENTS. This is a great investment building that is well worth a look! (id:27750)
MLS® Number | NB073909 |
Property Type | Multi-family |
Equipment Type | Water Heater |
Features | Level Lot, Sloping |
Rental Equipment Type | Water Heater |
Appliances | Refrigerator, Stove, Washer, Dryer |
Basement Development | Finished |
Basement Type | Full (finished) |
Constructed Date | 1951 |
Exterior Finish | Vinyl |
Flooring Type | Ceramic, Laminate |
Foundation Type | Concrete |
Heating Fuel | Oil |
Heating Type | Hot Water |
Roof Material | Membrane |
Roof Style | Unknown |
Stories Total | 1 |
Total Finished Area | 2300 Sqft |
Type | Fourplex |
Utility Water | Municipal Water |
Access Type | Year-round Access |
Acreage | No |
Landscape Features | Landscaped |
Sewer | Municipal Sewage System |
Size Irregular | 5253 |
Size Total | 5253 Sqft |
Size Total Text | 5253 Sqft |
https://www.realtor.ca/real-estate/24515047/35-margaret-street-saint-john
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