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2144 Ocean Westway Saint John, New Brunswick E2M 5J1

Baseboard Heaters Acreage Landscaped

$1,150,000

Welcome to 2144 Ocean Westway! This spectacular 7-unit offers electric heat, good rents, plenty of off-street parking and is conveniently located close to the highway and not far from many amenities. This property is like new and each unit has one-level living. There are 5-2bdrm units and 2-1 bdrm units. Rents are: $950, 2@ $1100, 2@$1200, $1300, and $1500. Total rental income $100,200. Approx. expenses are: Insurance $5457, garbage $1800, other (septic) $500, city water $3500, electricity $4800 and taxes $12,738 Approx. total expenses $28,895. Approx. net income $71,305. This is a fantastic investment building that is well worth a look! (id:35613)

Property Details

MLS® Number NB089608
Property Type Multi-family
Equipment Type None
Features Level Lot, Sloping
Rental Equipment Type None

Building

Appliances Refrigerator, Stove
Exterior Finish Brick, Vinyl, Wood
Flooring Type Vinyl
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 1
Total Finished Area 4000 Sqft
Utility Water Municipal Water

Land

Access Type Year-round Access
Acreage Yes
Landscape Features Landscaped
Sewer Septic System
Size Irregular 59998
Size Total 59998 Sqft
Size Total Text 59998 Sqft

https://www.realtor.ca/real-estate/25833793/2144-ocean-westway-saint-john