35 Margaret Street Saint John, New Brunswick E2J 2M7
$379,500
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)
Property Details
| MLS® Number | NB073909 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Features | Level Lot, Sloping |
| Rental Equipment Type | Water Heater |
Building
| 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 |
Land
| 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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December 21 2022 08:28:31
Saint John Real Estate Board Inc
Royal LePage Atlantic