22 Mecklenburg Street Saint John, New Brunswick E2L 1P6



Welcome to Uptown living! This 9-unit is a great investment property that consists of 4-1 bedroom units, 4-2 bedroom units and 1-3 bedroom unit. Plenty of off-street parking, garage, fantastic location and has had many updates through recent years. Rents are low but could easily be higher. Rents are: $690, $710, $750, $775, $825, 2 @$850, $900 and $1125. Total rental Income income- $89,700. Expenses are: Water/sewer- $9288, taxes- $9033, heat-$20,353, snow/garbage- $2016 and insurance- $1700. Approx total expenses- $47, 765, Approx net income- $41,935. Solid building in Uptown Saint John that is worth a look! (id:35613)

Property Details

MLS® Number NB036499
Property Type Multi-family
Equipment Type None
Features Level Lot, Sloping
Rental Equipment Type None


Basement Type Full
Exterior Finish Brick
Fireplace Present No
Flooring Type Laminate, Wood
Foundation Type Concrete
Heating Fuel Natural Gas
Roof Material Tar & Gravel
Roof Style Unknown
Stories Total 3
Total Finished Area 8500 Sqft
Utility Water Municipal Water


Access Type Year-round Access
Acreage No
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Irregular 10559 Sqft
Size Total Text 10559 Sqft|under 1/2 Acre