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1-3 Charlotte Street Saint John, New Brunswick E2L 2H3

Heat Pump Baseboard Heaters, Heat Pump

$1,230,000

Welcome to 1-3 Charlotte Street! This amazing investment property is located on a high-traffic corner in the Uptown area approximately a 2-mintue walk to the gates of City Market. The main floor commercial space is currently being used as an Art Studio and 4 newly updated studio apartments that are 1-1bdrm and 3-2bdrm units. This 3-unit building (circa 1867) pre-dates The Great Fire and is an exceptional investment property located in the urban city surroundings of Canada's oldest incorporated city! Current rents are $1300, $1400, $1500 and 2 @ $1600. Total rental income - $88,800. Approx. total expenses are: Water/sewer - $2500, taxes $13,198, insurance $4000, electricity $5400. Approx. total expenses $25,098. Approx. total net income- $63,702. (id:35613)

Property Details

MLS® Number NB095383
Property Type Multi-family
Equipment Type Other, Water Heater
Features Level Lot
Rental Equipment Type Other, Water Heater

Building

Constructed Date 1867
Cooling Type Heat Pump
Exterior Finish Brick, Metal
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump
Roof Material Membrane
Roof Style Unknown
Total Finished Area 4620 Sqft
Utility Water Municipal Water

Land

Access Type Year-round Access
Acreage No
Sewer Municipal Sewage System
Size Irregular 2454
Size Total 2454 Sqft
Size Total Text 2454 Sqft

https://www.realtor.ca/real-estate/26452177/1-3-charlotte-street-saint-john