64-74 Spring Street Saint John, New Brunswick E2K 3X5
$1,250,000
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:31036)
Property Details
| MLS® Number | NB078907 |
| Property Type | Multi-family |
| Equipment Type | None |
| Features | Level Lot, Sloping |
| Rental Equipment Type | None |
| Structure | Shed |
Building
| Appliances | Refrigerator, Stove, Washer, Dishwasher, Dryer |
| Basement Type | Crawl Space |
| Exterior Finish | Metal |
| Fireplace Present | No |
| Flooring Type | Ceramic, Vinyl |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 3 |
| Total Finished Area | 5300 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 13918 |
| Size Total | 13918 Sqft |
| Size Total Text | 13918 Sqft |
https://www.realtor.ca/real-estate/24844402/64-74-spring-street-saint-john
Interested?
Contact us for more information
Tim Somerville
Salesperson
(506) 658-1149
timsomerville.com
www.facebook.com/RoyalLepageTimSomerville
www.linkedin.com/in/tim-somerville-51324860?authType=name&authToken=6M7l&trk=api*a115291*s123774*
71 Paradise Row
Saint John, New Brunswick E2K 3H6
(506) 658-6440
(506) 658-1149
royallepageatlantic.com
Brittany Cramm
Salesperson
www.timsomerville.com
https://www.facebook.com/profile.php?id=100074188195817
https://ca.linkedin.com/in/brittany-cramm-969b39b6
https://www.instagram.com/brittanycramm_realtor/
71 Paradise Row
Saint John, New Brunswick E2K 3H6
(506) 658-6440
(506) 658-1149
royallepageatlantic.com
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Saint John Real Estate Board Inc
Royal LePage Atlantic
July 20 2023 07:30:37
